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Updated over 5 years ago on . Most recent reply

Randy Hamric's profile image
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Randy Hamric
  • Member since Jun 22, 2019
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Randy Hamric's profile image
Randy Hamric's profile image
Randy Hamric
  • Member since Jun 22, 2019
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Randy Hamric
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Starting Out

Smart move or not cashing out a traditional IRA of approximately

Randy Hamric
Posted

Is it smart and/or is it even possible to cash out a traditional IRA to buy investment properties. The cash out would be approximately $130,000??? I'm a beginner investor and is there away around eliminating or limiting my penalties and taxes for early withdrawal of my IRA since I'll be 51 in July?

Thanks for any advice that’s given 

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