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Thinking About Using Your IRA to Pay Off Debt? Understand the Risks First 

Some people facing credit card debt may wonder if dipping into their retirement savings — such as an IRA — offers a quick way to pay what they owe and get relief.   While that money may feel accessible, taking it out early often triggers taxe…

Some people facing credit card debt may wonder if dipping into their retirement savings — such as an IRA — offers a quick way to pay what they owe and get relief.   While that money may feel accessible, taking it out early often triggers taxes, penalties and long-term financial consequences.   Before using an IRA to […]

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