Google Answers: Withdrawing from IRA

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Q: Withdrawing from IRA ( No Answer, 2 Comments )

Question

Subject: Withdrawing from IRA
Category: Business and Money > Finance
Asked by: flamingo5-ga
List Price: $2.00

Posted: 07 Apr 2006 16:02 PDT
Expires: 07 May 2006 16:02 PDT
Question ID: 716609

I am 69 years old. Can I begin withdrawing from my IRA without
incurring any pernalties. I am also legally blind.

Answer

There is no answer at this time.

Comments

Subject: Re: Withdrawing from IRA
From: ubiquity-ga on 07 Apr 2006 17:54 PDT

Yes, you are over 59 and a half.

By the way once you reach 70 and a half, you ust start taking withdrawals.

Subject: Re: Withdrawing from IRA
From: ubiquity-ga on 07 Apr 2006 17:56 PDT

see: http://www.irs.gov/taxtopics/tc451.html

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