I am thinking of cashing out my fixed Annuity valued at $126,500. It is an IRA and I have had it since 2012. My directions on it say I can cash it out in full after10 years. What federal tax will I face on this withdrawal?
I am thinking of cashing out my fixed Annuity valued at $126,500. It is an IRA and I have had it since 2012. My directions on it say I can cash it out in full after10 years. What federal tax will I face on this withdrawal?