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Updated almost 5 years ago,

User Stats

4
Posts
1
Votes
Darius Jessup
1
Votes |
4
Posts

IRA Withdrawal - Was there a better way?

Darius Jessup
Posted

I feel in my gut I could have gone about this a better way and could use some input.
I recently pulled out all of my money from my traditional IRA to put towards a down payment for a duplex my wife and I are buying in DC in 2 weeks

Needless to say, it is now considered taxable income with the likelihood of incurring the 10% early withdrawal penalty. Could I have had that IRA converted to a self directed IRA and avoided that? Was there a better way I could have considered??


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