Some Folks Who Sold Are Now Facing a Massive Tax Penalty
He could have dined out more often. He could have treated himself to a gym membership. He could have bought his first home.
Instead, 24-year-old Bodie Partsch said he did the responsible thing by investing a quarter of his income into his 401(k) retirement account. But now, with Wall Street seeing some of its biggest declines in years, Partsch's account is suffering and he's questioning his investment decisions.
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