What would you like to do?

Can you use your IRA retirement funds for a downpayment on a house?

already exists.

Would you like to merge this question into it?

already exists as an alternate of this question.

Would you like to make it the primary and merge this question into it?

exists and is an alternate of .

yes you can. as long as you have the funds.
Thanks for the feedback!

Can you contribute funds to your IRA account at anytime?

  Answer   Yes, as long as it doesn't go over the total amount allowed by law for the year. When you make a contribution, you must identify what tax year you are con

What does the acronym IRA stand for in IRA funds?

There are some different ideas on the acronym IRA stands for in IRA funds. However, most of people agree with the idea that IRA stands for Individual Retirement Account.

What types of retirement plans 401ks or IRAs might be best for retirement?

The right answer is, It Depends. I like a ROTH IRA. Here we pay tax on our contributons. Qualified distributions from a ROTH IRA are tax free. The ROTH IRA also allows us to t

Can you contribute to an IRA after you have retired?

Eligible Compensation You must have eligible compensation in order to be eligible to contribute to an IRA. For IRA purposes, eligible compensation includes wages, salaries, t

How long do you have to reinvest traditional IRA CD maturity funds in another IRA?

60 days from the distribution date to avoid the 10% early withdrawl and/or any taxes due if the IRA is a traditional and not a Roth. I would suggest a direct rollover so as to

What is the best way to receive 100k from parents for a downpayment on a house without tax issues?

  Answer     The issue would be with the Gift Tax. However, there is a federal gift tax annual exclusion and a lifetime amount. Parents can transfer substantial

How does the Real IRA pose a threat to the US?

The Real IRA pose a threat to the United States through a) their criminal network which works closely with the Dublin mafia, b) the fact that they are a white-identity organ

Which companies provide retirement income funds?

Companies that provide retirement income funds are TIAA-CREF, T. Rowe Price and American Beacon. These companies can help you set up an account based on your income and suitab

What are the prudential investment guidelines used in retirement planning regulationn 28 of the pension funds act?

In a nutshell it restricts investment companies from investing your hard earned cash (viz. pensions) in risky portfolios. At this stage the restrictions on offshore is 20% and