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No Need to Fear Reverse Mortgage Exits - ABC News

Wells Fargo has reversed itself on reverse mortgages. The bank, one of two biggest providers of such loans (along with Bank of America ), said last week it would be exiting the business, although jittery customers apparently have little to fear.

Bank of America previously announced its own departure earlier this year. The two accounted for more than 40 percent of all such loans, according to...

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How to Withdraw Penalty-Free From IRA or 401(k) in 9 Cases

The IRS dictates that investors must be totally and permanently disabled before they can dip into their retirement plans without paying a 10 percent penalty.

Rothstein says the easiest way to prove disability to the IRS is by collecting disability payments from an insurance company or from Social Security.

"That is excellent proof that you are disabled, if you're getting benefits from the...

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Related topics : taking money out of mortgage / cash out ira without penalty