10 Things You Should Know About Your IRA

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I want to retire and buyme a ew place with my 401 savings i have left, how does that works that i don loose any money. I have been paying 22% on money i have withdrawl before.

Galicia Escobar of NY 3:10PM July 19, 2012

You make no mention of borrowing up to 50% of your account value at low or lower interest rates presently available for up to 60 months. While the borrowed money is not earning 401K values the repayment of the goes back into your own account. The faster you pay it off the sooner your account will be restored to its original value. No 2nd mortgage, no money lender involvement. You take from your right hand pocket and return to your lefthand pocket, and you continue new contributions unabated.

L Webster of OR 7:11PM July 17, 2012

I contributed to IRA with after tax money from paychecks. Why was I charged 10% fed tax when I withdrew $20,000 (age 60) and then the 18000 I received was added to my taxable income and I was taxed again by IRS?

Cindy of IN 1:17PM April 14, 2012