The withdrawal tag has no wiki summary.
2
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1answer
80 views
Can you replace Roth IRA contributions that you withdrew? [duplicate]
If I withdraw my Roth IRA contributions from previous years, is it possible to ever replace that money in the Roth IRA?
1
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1answer
54 views
Can I take money from my 403b to buy a home at 65 years old without penalty
I will be 65 years old in July. My mother died and left my siblings and me her home. Can I use the money in my 403b to buy my siblings out?
-1
votes
1answer
108 views
Is it possible to withdraw Liberty Reserve USD using debit cards?
Is it possible to withdraw Liberty Reserve USD using debit cards? I found this site which offers such thing as Liberty Reserve debit cards. But I'm not sure how reliable it is. The debit card they ...
6
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2answers
383 views
Can Roth IRA first time home buyer withdrawals be made up?
If we were to withdraw the annual contributions from our Roth IRAs for the closing costs on a house (we have a 20% down payment, but only recently learned that that's almost $10,000 less than what you ...
2
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2answers
288 views
Pre-tax 401k and post-tax Roth 401k contributions commingled into same account? Tax treatment of withdrawals?
My employer recently began offering Roth 401k contributions. I decided to switch my contributions to the Roth 401k, figuring that it is impossible to guess what my tax situation will be in 25 years ...
5
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3answers
262 views
Investment time horizon: When is it acceptable to withdraw money from investments?
I have received a windfall of 300K dollars. I am 23, have no debt, college educated. I want to have a mini retirement when I am ~40 years old. I plan on managing a diversified portfolio of index ...
2
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3answers
650 views
Difference between the multiple cash withdrawal options on these ATMs?
I always get confused when selecting the options. I just go for the normal cash withdrawal option. But, I would like to know the difference in them. And, is the bank charging you different to use the ...
0
votes
0answers
84 views
In which European countries do ATMs impose an extra surcharge for withdrawals?
Usually you pay a fee (if any) set by your bank for withdrawing money with your Visa/MC card from ATMs other than those your bank owns, but some ATMs charge the customer an extra fee on top of that ...
3
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2answers
116 views
IRA withdrawal tax and penalties: Any additional fees or taxes for not paying up front?
I just withdraw everything from my IRA: about $68K, and I'm willing to pay taxes and penalties on that, because I'm unable to invest capital effectively (I don't wish to invest in US stocks or dollar ...
6
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2answers
136 views
Should I take contributions out of my Roth IRA to live off of?
My current contract is ending, with no future job immediately lined up. I have a few thousand dollars in my checking/savings accounts, and a significant amount of cash in my Roth IRA. I have no debt.
...
8
votes
1answer
680 views
First time home buyer: Can you withdraw funds from a Roth 401k for a first time home purchase?
I have a Roth 401k. Soon I will have enough debts paid off that I would like to start building up a down payment for a house. The house purchase will be my first, and will be over a year from now. ...
4
votes
3answers
314 views
Should I take money out of an old 401(k) to put a down payment on a house?
My wife doesn't work anymore and she has a 401(k) of about $80,000 from an old job. I have been kicking around the idea of taking that money out or rolling into an IRA so that I can have better ...
2
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2answers
131 views
Traditional IRA taxes: Are withdrawals of contributions taxed different than earnings?
Are the contributions to a traditional IRA taxed differently than the earnings when withdrawn and/or are they both considered taxable income when withdrawn? And at what rate? Capital gain or regular ...
5
votes
3answers
786 views
Best bank for withdrawing cash when traveling outside the U.S.?
When I travel abroad (outside the US), it can get pricey to transfer money. I usually withdraw cash using my bank's debit card, but they charge a transaction fee and a percentage fee, I believe.
For ...
4
votes
1answer
199 views
Is the penalty for an early withdrawl from an IRA applied to the gross or net amount?
Does anyone know if the 10% early withdrawal penalty on traditional IRA is on the pre-tax or post-tax amount?
Let's say I withdraw $5k from my IRA, and I pay 20% (example) in taxes, is the additional ...
2
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3answers
75 views
Financial Institution For Managing “Allowances”
I'm interested in finding a financial institution that would provide money management for someone who is severely irresponsible with finances. Ideally, this service would provide a small allowance to ...
3
votes
1answer
196 views
Switched jobs & short on cash. Should I withdraw from 403(b) or borrow from 401(k)?
I switched employers a while back and obviously this resulted in a new place to throw my retirement money. Employer A was an academic institution so that money was in a 403(b), now I'm in your ...
4
votes
1answer
1k views
How to calculated mandatory withdrawals for 401k? (Required Minimum Distribution)
I understand that 401ks have a mandatory withdrawal that can be triggered at some point.
What triggers a 401k mandatory withdrawal and how is the amount of the withdrawal calculated?
1
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2answers
125 views
TFSA Withdrawals
If my TFSA is worth $25000 and I only put in for 2 years ($10000), can I withdraw the $25000 and put it back in later, or am I only allowed to put the original $10000 back in (assuming this withdrawal ...
9
votes
3answers
296 views
Can I withdraw from my Roth IRA retirement account to fund a startup?
I'm 24 years old and have $10k in my retirement accounts (Roth IRA) after about a year with a real job. I'm considering withdrawing the entire balance to support myself for a few months while I ...
