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Business, Wisdom

A Good Reason to Tap Your Roth IRA Early

This article comes to us from Money.com

There are times in your life where the unexpected happens.  A layoff, a career change, a new baby, a costly divorce, a vehicular accident, a natural disaster hits you suddenly.  This wasn’t in your plan and it certainly isn’t covered in your every day savings.  For many people these events can drive them into financial ruin.  We’ve all been taught about retirement planning and saving and most of us have been given the mantra “Don’t touch your retirement savings until retirement!”  While in most cases this is good and sound advice because the penalties for early withdrawal can be severe, there are cases in which you may want to re-think that approach.

For more information on that, please read A Good Reason to Tap Your Roth IRA Early


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