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Updated about 5 years ago on . Most recent reply

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Shawn Clark
  • Memphis, TN
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Liquidating Voluntary Retirement Account

Shawn Clark
  • Memphis, TN
Posted

I have a rental property that I could pay off if I liquidated my TSA and IRA. This would give me $850 cash flow from the rental property. This will also free up some debt to income so I can invest in another rental property. I know they will tax that money but isn't it the same tax I would have received if I didn't invest the money? So technically the only real lost of money would be the fees they charge for withdrawing the money early?

Thanks for any advice

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