home *** CD-ROM | disk | FTP | other *** search
/ The Affordable Life / Image.iso / DATA1.CAB / Program_Files / Top10 / man4b8.txt < prev    next >
Encoding:
Text File  |  1999-05-13  |  344 b   |  11 lines

  1. If funds are withdrawn from a 
  2. tax-sheltered IRA prior to 
  3. 59 1/2, a penalty is assessed.  
  4. If funds are withdrawn because of
  5. disability or hardship, the 
  6. penalty may be waived, but taxes 
  7. must be paid. Before you decide 
  8. to withdraw any funds, you should 
  9. check with the institution where 
  10. you have your account about any 
  11. penalties.