Comments on: How to Withdraw Money From Your IRA Penalty Free https://www.goodfinancialcents.com/how-to-tap-your-ira-with-no-penalty/ Mon, 09 Oct 2023 06:23:23 +0000 hourly 1 https://wordpress.org/?v=6.4.3 By: Carolyn https://www.goodfinancialcents.com/how-to-tap-your-ira-with-no-penalty/#comment-9593001 Mon, 01 Feb 2021 20:13:42 +0000 http://gfc-live.flywheelsites.com/?p=12982#comment-9593001 I am 65 and want to take out 2,000 out of my IRA will I have to pay taxes and income tax on my withdrawel

]]> By: Jeff Rose https://www.goodfinancialcents.com/how-to-tap-your-ira-with-no-penalty/#comment-9525491 Wed, 17 Jul 2019 15:47:16 +0000 http://gfc-live.flywheelsites.com/?p=12982#comment-9525491 In reply to Rickey sartor.

No

]]> By: Rickey sartor https://www.goodfinancialcents.com/how-to-tap-your-ira-with-no-penalty/#comment-9525416 Tue, 16 Jul 2019 15:51:54 +0000 http://gfc-live.flywheelsites.com/?p=12982#comment-9525416 Can you borrow money from your IRA account and what percentage be taxed

]]> By: Dinah Newton https://www.goodfinancialcents.com/how-to-tap-your-ira-with-no-penalty/#comment-9516027 Fri, 12 Apr 2019 18:39:47 +0000 http://gfc-live.flywheelsites.com/?p=12982#comment-9516027 I’m still confused. I’m 62 years old. I’ve been disabled from a car accident since July 20, 2014. I want to know if I can take my IRA out a tax penalty to remodel a house so I can get in it with my wheelchair. Please send me an answer soon.

]]> By: debbie https://www.goodfinancialcents.com/how-to-tap-your-ira-with-no-penalty/#comment-9515596 Wed, 10 Apr 2019 03:06:00 +0000 http://gfc-live.flywheelsites.com/?p=12982#comment-9515596 My mom has Alzheimer’s and needs care she wanted private care givers which is very expensive!
can that be taken out without being taxed IRA, If so how do we do that?

]]> By: Linda Wright https://www.goodfinancialcents.com/how-to-tap-your-ira-with-no-penalty/#comment-9509461 Tue, 29 Jan 2019 22:14:36 +0000 http://gfc-live.flywheelsites.com/?p=12982#comment-9509461 Can we take out to put an appartment in for my elderly mom ? We also have taxes owed and paid for summer college for our son. That’s way more than the $25,000 taken.

]]> By: Jeff Rose https://www.goodfinancialcents.com/how-to-tap-your-ira-with-no-penalty/#comment-189585 Wed, 31 Oct 2018 23:45:07 +0000 http://gfc-live.flywheelsites.com/?p=12982#comment-189585 In reply to Isaias E. Rivera.

Hi Isaias – You might want to talk to an accountant and get direct help with the various taxes you’re talking about.

]]> By: Isaias E. Rivera https://www.goodfinancialcents.com/how-to-tap-your-ira-with-no-penalty/#comment-189561 Wed, 31 Oct 2018 22:53:00 +0000 http://gfc-live.flywheelsites.com/?p=12982#comment-189561 La schedule is very dificult but I want to pay my taxes car. toyota camry for to star Can I do by internet and I don’t know how, help me

]]> By: Jeff Rose https://www.goodfinancialcents.com/how-to-tap-your-ira-with-no-penalty/#comment-189548 Wed, 31 Oct 2018 22:07:31 +0000 http://gfc-live.flywheelsites.com/?p=12982#comment-189548 In reply to Michael Mcleod.

Hi Michael – Nope, no penalty. You’re over 59.5.

]]> By: Michael Mcleod https://www.goodfinancialcents.com/how-to-tap-your-ira-with-no-penalty/#comment-188830 Sun, 14 Oct 2018 05:55:01 +0000 http://gfc-live.flywheelsites.com/?p=12982#comment-188830 I am 77 years old. If I withdraw Funds from my IRA is there a penalty?

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