Wall Street Journal Archives

If You Withdrew Money From Your IRA During Covid, It Can Pay to Repay It

by Asset Strategy | Sep 7, 2022 | Financial Planning, Wall Street Journal

Wall Street Journal When the Covid-19 pandemic arrived in 2020, many individuals took advantage of a federal tax break and withdrew money from their retirement accounts. If they repay the funds—which isn’t required—by next year, they’ll get another tax break, too....

To Withdraw Money From an IRA Without a Penalty, Try a ‘72(t)’ Plan—but Carefully

by Asset Strategy | Aug 10, 2022 | Retirement Planning, Taxes & Tax Planning, Wall Street Journal

Wall Street Journal If you are younger than age 59½ and want to withdraw money from your individual retirement account, there are several exceptions that could allow you to do so without incurring the 10% early-withdrawal penalty from the IRS. One such exemption being...

If You Withdrew Money From Your IRA During Covid, It Can Pay to Repay It

To Withdraw Money From an IRA Without a Penalty, Try a ‘72(t)’ Plan—but Carefully

Archives

Categories

Stay Up To Date With Our Weekly Insights

Contact Asset Strategy

If You Withdrew Money From Your IRA During Covid, It Can Pay to Repay It

To Withdraw Money From an IRA Without a Penalty, Try a ‘72(t)’ Plan—but Carefully

Archives

Categories

NOTICE

You are now leaving DST1031HQ and entering the marketplace site, PrivateCapitalHQ. By proceeding, you understand you are subject to the terms and conditions of PrivateCapitalHQ.com found in the Disclosure.