On this episode of Ask an IRA Specialist, Tom answers the question, “Can I take money out of my IRA?”

The answer is yes, but depending on when you do it, and which type of IRA you are withdrawing from, you may be subject to taxes and penalties. There isn’t necessarily one answer for everything, and the IRS allows for certain exemptions for IRA distributions without taxes and penalties.

If you have specific questions, contact us at IRAspecialists@nuviewtrust.com

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