If you’ve been around for any length of time you’ve probably already heard that taking money out of a 401(k) early is a ‘no-no’. There are, however, certain times that it still makes sense to raid your 401(k) and, even though there will be financial repercussions, if it’s done correctly it could be a financial […]
4 IRA Withdrawals that Actually Make Sense
Withdrawing funds from a traditional IRA before a person turns 59 ½ usually means that they’re going to pay a lot of taxes and penalties. It’s different with the Roth IRA, because with the Roth you can withdraw your original contributions anytime you like but, with investment returns, you’re going to be penalized with early […]