IRA Withdrawal Rules: Traditional vs Roth
Update: 2025-12-08
Description
IRA Withdrawals: Understanding Rules and ExceptionsThis episode delves into the intricacies of IRA withdrawals, highlighting the differences between traditional and Roth IRAs. It explains the tax implications and penalties for early withdrawals, as well as the exceptions to the ten percent penalty. The podcast also clarifies the distinction between IRAs and 401(k)s, emphasizing the importance of avoiding direct loans from IRAs to prevent taxable income.
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