Spokane man surprised by $140K tax bill after he withdrew cash from 401(k) — what Ramsey Show hosts say to do
- Posted on June 18, 2025
- By Yahoo News
- 1 Views
Spokane man surprised by $140K tax bill after he withdrew cash from 401(k) — what Ramsey Show hosts say to do
Spokane man pulled $400K from his 401(k) for a house, aiming to be debt-free, but now he owes $140K to the IRS. Big lesson: Know the tax rules before tapping your 401(k).