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Prosecution is considering charging the parents of the student that committed the school shooting in Michigan. The parents just bought the gun and if the parents were negligent in storing / locking up the gun I think this is a very reasonable move.
I don't think parents are responsible when the school shooter gets the weapons outside of the house or when the parents have made a minimum effort to secure their weapons. But the school had just met with them on son's behavior too.
Thoughts?
https://thehill.com/homenews/state-watch/583949-parents-of-oxford-shooting-suspect-may-fac
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Chief
Put it in IRA. You will incur penalties for cashing out
Yes I just got my check today. 30k cash balance, I got 25k ish check today though. Investing it in my business. Laid off in may, so took 2 months to get check after initiating end of may.
A prior post mentioned, someone from D would reach out 3 months post separation to discuss your options to cash out or roll over.
$25k on a $30k balance? Were there penalties or just taxes? Any chance it's just taxes from the firm and you will owe penalties when you file taxes?
Chief
It's only a 10% penalty, so $3k. Whoopdie Doo.