Re: Self directed IRA question?

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Posted by William L. Exeter on August 19, 2003 at 13:22:52:

In Reply to: Self directed IRA question? posted by shannon on August 16, 2003 at 23:12:17:

It always depends on your personal financial picture, but I normally recommend not pulling money out because it will typically create a taxable event with a penalty if you are under 59 and 1/2 years old, and you will lose the future tax deferred benefits. I would suggest that you roll it over into a traditional IRA and continue with your tax deferred benefits. You should always consult with a financial advisor to make sure that this is the right decision for your over all financial plan.

Bill Exeter
Diversified Retirement Services Corporation.

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