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3 selected articles
Create Your Own Retirement Cash Flow | Charles Schwab
By Rob Williams
January 18, 2018
For some retirees, making the transition from building up a portfolio to living off of it can be disorienting. How much can you spend each year? Will you have enough? Should you rely just on investment income or actually sell investments?
Creating a sensible spending plan can help clear up the confusion.
Working with a financial advisor to create a...
Date: 2018-03-30 05:56:24
Can You Dip Into Your IRA to Buy a First ... - Charles Schwab
March 12, 2018
While the IRS allows limited penalty-free IRA withdrawals for a first-time home purchase, it's important to consider the rules--as well as the long-term consequences.
The amount allowed and the potential tax implications depend on whether you have a traditional or a Roth IRA.
Raiding your retirement account now may not be the best for your future financial security.
Date: 2018-03-30 05:28:12
Roth IRA Withdrawals: The Exceptions Can Be as Important ...
April 06, 2016
Roth IRA distributions may be tax and penalty free depending on how long you've had your Roth IRA, your age, and what you plan to do with the money.
While the 5-year rule will help determine whether a distribution is qualified (tax and penalty free) or nonqualified, there are also a number of exceptions.
Once you're familiar with the rules and exceptions, consult your...
Date: 2018-03-30 05:27:04