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Can a regular CD be used to establish a Roth IRA account without a penalty to establish it?
Wiki User
∙ 12y ago
that is not unechable that C D is using to all things
Wiki User
∙ 12y ago
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Can I remove my funds from a moneymarket savings account without a penalty?
I haven't been able to find a site where it states that you would get a penalty for removing your funds from your moneymarket savings account. There might be more information though to if there really is one or not.
When Can you withdraw money from you IRA account?
can be withdrawn without ten percent IRS penalty after age 59 1/2
How does a Roth IRA conversion work?
Conversion works by authorizing the account to release money to the bank that will accept the money. This ensures that the money will transfer without incident or penalty.
Can you borrow from an IRA without penalty?
No. You cannot borrow from an IRA period. (You may borrow from some 401k plans, w/o penalty).
What are the advantages of having a Money Market deposit account?
Money Market accounts will typically pay higher interest than a traditional savings account. In comparison to CDs, a Money Market account generally does not tie up your deposit for a set period and withdrawals can be made without penalty.
Can I remove my funds from a moneymarket savings account without a penalty?
I haven't been able to find a site where it states that you would get a penalty for removing your funds from your moneymarket savings account. There might be more information though to if there really is one or not.
When Can you withdraw money from you IRA account?
can be withdrawn without ten percent IRS penalty after age 59 1/2
What age can you withdraw part of your 401k without penalty?
You can withdraw from your 401(k) penalty-free starting at age 59½. Prior to this age, withdrawals may incur a 10% early withdrawal penalty on top of regular income tax.
What is the penalty for conviction on expose nude girls on Facebook without consent?
Facebook will block you from your account. And, you can face legal charges under a number of counts.
What is the difference between a high yield savings account and a regular one?
A high yield savings account is more of an investment than a regular savings account. Most people put money into the high yield account without removing it for extended periods of time, so interest can compound. If you're living paycheck to paycheck, or are saving to travel in 6 months, a regular savings account is a much better choice.
If the account holder of a 401k dies can the beneficiary withdraw funds without penalty?
Yes. One of the exclusions to the 10% penalty is if you're receiving these monies as a beneficiary or a QDRO recipient. (QDRO - Qualified Domestic Relations Order. Recieved from a divorce settlement.)
How does a Roth IRA conversion work?
Conversion works by authorizing the account to release money to the bank that will accept the money. This ensures that the money will transfer without incident or penalty.
Can you borrow from an IRA without penalty?
No. You cannot borrow from an IRA period. (You may borrow from some 401k plans, w/o penalty).
What are the advantages of having a Money Market deposit account?
Money Market accounts will typically pay higher interest than a traditional savings account. In comparison to CDs, a Money Market account generally does not tie up your deposit for a set period and withdrawals can be made without penalty.
What is the penalty for writing a check on a closed account and how long does the issuer have to make restitution?
Do you mean criminal penalty, or civil? If you are asking about a criminal situtation, and if the transaction took place in CA, then the offense could be a felony. You could be sentenced to prison for up to three years. The difference between a closed account and an NSF "check fraud" case is that many, many people write nsf checks without knowing that their accounts were too low. In the situation you are asking about, a person would presumably know that his account was closed when he wrote the check. Therefore, he had the criminal intent to defraud. So, the penalty on the closed account: possible prison. Penalty on the NSF account: if check fraud was not involved, then I suppose the usual returned check fee from the bank and the fee from the merchant.
Can you use a dish dvr without a subcription as just a regular dvr?
No. In order to use a Dish Dvr, you need to have an active Dish account.
Do you know any high interest cd that allow you to end the cd early without a large penalty?
Currently Bank of America is offering to waive the penalty fee for early withdrawal after the first 6 days of the account being opened. Normally all banks do have a fee for it though.
