By: Clay Wyatt Whew! You've passed age 59 ½ and are finally done with the seemingly endless rules that are associated with your IRA. Now, you can do … [Read more...]
401(k) Withdrawals For Individuals Over Age 59 1/2
By: Clay Wyatt If you are age 59 ½ or older, you have cleared a major hurdle in the 401(k) game. Those under this age have a host of rules that … [Read more...]
When to Consider a 401(k) Hardship Withdrawal
By Clay Wyatt A 401k hardship withdrawal is an early withdrawal from your 401(k) that may or may not be permitted by your employer under certain … [Read more...]
IRA Withdrawals and the Pro Rata Rule
Maybe you have an IRA, and you want to withdraw some cash for something fun (even though you know better). You will need to pay income tax on these … [Read more...]
Rules for Optional and Mandatory IRA Withdrawals
Optional IRA Withdrawals If you have an IRA, you can make a withdrawal from it at any time. However sometimes the withdrawal is quite detrimental … [Read more...]
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