Early withdrawal of a CD held in an IRA could induce a double penalty by garnering a non-tax deductible penalty from the bank on the CD and penalty from the IRS on the IRA. Avoid getting hit with a penalty by withdrawing from an IRA, even in an emergency, with advice from a registered financial consultant in this free video on finance and investment.
Expert: Patrick Munro
Contact: www.northstarnavigator.com
Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace.
Filmmaker: Reel Media LLC
@GarbageState why you say that?
YoungMalcomX1 1 year ago
IRA lol not the best way to hide money
GarbageState 2 years ago