IRA Withdrawal

How to Win the Fight Against Your Own Worst Enemy

Personal Finance
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Ever feel like you are your own worst enemy! I confess I do. In college I definitely was! In fact, a free t-shirt is all it took. It was as if the smiling face on the other side of the table assured me that a credit card would be the first step toward freedom for an […]

8 Exceptions to the 10% Penalty for an Early IRA Withdrawal

IRAs
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Need cash?  Thinking about taking an IRA withdrawal? Think long and hard because you may have to pay  a nice little 10% penalty for early IRA withdrawals! IRA penalty – Oh yeah, Uncle Sam will love you! If you are age 59 1/2 or older, you can take an IRA withdrawal without any penalties at all. If […]

IRA Withdrawal Rules – When Can You Withdraw Your IRA?

IRAs
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For some reason I get this question a lot, so I thought I’d provide a little clarification on IRA withdrawal rules. Individual Retirement Arrangements or IRAs were designed to provide an opportunity for folks to save for retirement on a pre-tax, tax-deferred basis.  In other words, the money grows without having to pay any taxes on […]