Taking an early withdrawal from your retirement account is a tempting idea. Regardless of your reasons, understanding the ramifications of early withdrawals from retirement accounts will help you make the best decision for your situation. Before making early withdrawals, consider the following:
Economic Impact and Stimulus Payments : What Everyone Needs to Know
This extra long edition has two parts, one about what to do with the Stimulus or Economic Impact Payments, and the other is about tax-related laws and updates to help with tax planning for the rest of 2020. You can read Part II here.
Are you buckled down?
Economic Impact and Stimulus Payments : What Business Owners / Self-Employed / Independent Contractors need to know
This extra long edition has two parts, one about what to do with the Stimulus or Economic Impact Payments, and the other is about tax-related laws and updates to help with tax planning for the rest of 2020. You can read Part I here.
Are you buckled down?