I am new to investing, and just opened an IRA with Vanguard. Upon transferring money from my checking account to the IRA, I am greeted with the message:
"Because our records show you're under age 59½, we have to report this to the IRS as an early distribution. Early distributions may be subject to a 10% federal penalty tax unless you qualify for an exception. Consult a tax professional to review your eligibility for an exception."
Did I screw up?
Edit: confirmation page: http://ift.tt/2jjU0n1
Submitted January 14, 2017 at 11:18AM by Apsis http://ift.tt/2irML8A
