I often field questions from clients about how they can access funds in their IRA and recently came across this article written by my friends at Blankenship Financial Planning, addressing “19 Ways to Withdraw IRA funds without penalty.” I hope you enjoy it.
It is key to note that, although these exceptions allow the distribution of funds without triggering the 10% penalty, in most cases the account owner is still liable for the ordinary income tax on distributions. Please be sure to consult your tax advisor for any additional information.
To read the 19 ways to Withdraw IRA Funds Without Penalty, click here...
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As federal and state tax rules are subject to frequent changes, you should consult with qualified tax advisor prior to making any investment decision. Raymond James & Associates is not affiliated with Blankenship Financial Planning, nor Jim Blankenship, CFP, EA.
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