The IRS has introduced a new rule allowing IRA holders to withdraw up to $1,000 early for personal emergencies without needing to justify it. This is a major update from the previous limited withdrawal options, making it easier to access your funds when an unexpected expense arises. Keep in mind, it must be reported as income, and your plan needs to support this new option. Don’t miss out on this important update – it could save you in a pinch!
This video is presented for educational purposes only. It is not meant to provide legal advice. For us to provide you with legal advice, we need to meet with you to understand your specific issues.
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