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Need $1,000 for an Emergency? Now It’s Easier to Tap Your IRA or 401(k)

Episode 1874 Published 2 years, 2 months ago
Description

The IRS has made it easier for people to withdraw up to $1,000 annually from their retirement account in case of emergency. Wall Street Journal personal-finance reporter Ashlea Ebleing joins host J.R. Whalen to discuss the fine print, including what qualifies as an emergency, and the tax implications involved.


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