When can I withdraw IRA funds?

Answer Funds can be withdrawn from an IRA at any age, however you will have to pay a federal income tax penalty of 10 percent for funds withdrawn before the age of 59 1/2. There is no penalty for funds wi... Read More »

Top Q&A For: When can I withdraw IRA funds

How to Withdraw ESA Funds?

An ESA, or Educationl Savings Account, is a type of account used for saving money for college. It is opened in the name of an individual under 18, and you can deposit up to $2,000 a year. Although ... Read More »

How do I withdraw funds from an IRA after age 70-1/2?

Calculate Your RMDDivide your individual retirement account value from Dec. 31 of the previous year, available from your financial institution, by your life expectancy according to the Internal Rev... Read More »

How do I withdraw funds from an IRA for college?

Pre 59 1/2Remove funds for qualified expenses by contacting your IRA firm and informing them it's for a college education expense. When completing your taxes, do not include penalties for dollars r... Read More »

How to Withdraw Retirement Funds?

Your retirement account provides a nest egg for the later years of your life. As this investment continues to grow, it is important to understand how to withdraw retirement funds once the time is r... Read More »