Money Matters: Using IRA for house may be costly - 2004-03-07
Q: What's your opinion of my withdrawing some money from my rollover IRA and putting that with the proceeds I make from selling my house?
- Joe V., via e-mail
The best way to withdraw money from your IRA and other retirement plans is over a period of years. Rather than pulling a chunk out now, you might consider starting to draw a monthly income from your IRA that can be applied to your monthly mortgage payment.
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