close
    1. Home
      2. ›
    2. Uncategorized
      3. ›
    3. Can you cash out an IRA befor retirerment
    Can you cash out an IRA befor retirerment

    Answer this
    0  Views: 365 Answers: 1 Posted: 13 years ago
    Comment this question

      1 Answer

      There are some pretty stiff early withdrawal penalties assessed by the IRS for taking YOUR money early.   BEFORE age 59 1/2, you can take it without penalty (don't quote me on this) to purchase a home and something about school.  Call H&R Block or another tax service.  They are well-informed and will give you the correct information. 

      13 years ago. Rating: 0
      Comment this answer



        Did this answer your question? If not, then ask a new question.

        Top contributors in Uncategorized category

         
        ROMOS
        Answers: 18061 / Questions: 154
        Karma: 1102K
         
        Colleen
        Answers: 47269 / Questions: 115
        Karma: 953K
         
        country bumpkin
        Answers: 11322 / Questions: 160
        Karma: 838K
         
        Benthere
        Answers: 2392 / Questions: 30
        Karma: 760K
        > Top contributors chart
        517741
        questions
        752691
        answers
        861894
        users