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Should I Take A 401(k) or IRA Withdrawal To Pay Off Debt? The answer might surprise you!

Should I Take A 401(k) or IRA Withdrawal To Pay Off Debt?

If you had asked me that question 3 months ago the answer would have been short and "No". Times and laws ( CARES Act ) have changed in the intervening period and I think we are reaching a confluence of event where it might be beneficial and maybe even an historic opportunity for some to pay off their credit card and other debt, avoid taxes on the withdrawals by following IRS Coronavirus Related Distribution rules, and have little impact on your long term retirement savings plans.

contact jason@advizedge.com

Видео Should I Take A 401(k) or IRA Withdrawal To Pay Off Debt? The answer might surprise you! канала Fighting Words Financial
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18 июня 2020 г. 20:59:39
00:07:00
Fighting Words Financial
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