Retirement Savings and Real Estate
I am 62 and semiretired. Can I withdraw money from my retirement fund to by real estate and not be taxed?
Terry Says
No. Unless it was a Roth IRA, all money withdrawn is subject to ordinary income taxes.
I am 62 and semiretired. Can I withdraw money from my retirement fund to by real estate and not be taxed?
No. Unless it was a Roth IRA, all money withdrawn is subject to ordinary income taxes.
