Dilemma: I have $14k in a 401k that I want to use as Down Payment towards a house (This would be a investment property to rent out). Iv'e done the math, and I don't want to until until 63 to withdraw. I can get more ...
Hello,I wanted to know if anyone had any recommendations or smart way to use money in my 401k now. I am 37 years old and not as excited to wait on money sitting in my company 401k plan. Currently there is about 50k ...
I'm looking to use retirement money for downpayment on a multifamily, but taking it out early I will lose 10K. Looking for unique way to not lose so much or put immediately into something to pay less taxes.
Does anyone have knowledge or experience with this? is one way to handle it to w/d 1/10 per year...?...if 1 cannot predict one's income and tax brackets? and when one pulls it out, then best tp put in roth ira? or sel...
Was wondering if anyone here has withdrawn funds from a Roth IRA as a qualified distribution for a first time home purchase. Would love if you could share your experience.-How did it go?-What was the process?-Did you ...
Hello Bigger Pockets! I am seeking some advice on withdrawing from my Roth TSP. I finished my active duty last August and have not done anything with my TSP since then. It has continued to grow, but I am interested i...
Seeking some guidance from you guys! I need to help my father who is disabled with a inherited traditional IRA. He is going to be receiving it next week from Chase and then we are going to transfer it to Vanguard. Fro...
Hello everyone,I just wanted to ask a question about using the funds from my Roth IRA towards the purchase of property. I've done some calculations and realized that my Roth IRA is yielding some horrible rates of retu...
When I first learned about Roth Ira's, It was to my understanding that the principal that I invested into the Roth IRA account (my already taxed income), was able to be withdrawn at any time tax and penalty free. What...
If I did two flips last year can I file both as capital gains or would I be considered a dealer and have to do a sch C? Both were held less than a year. Thanks