GET THE MOST FROM YOUR IRA DISTRIBUTIONS
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Remember that each type of individual retirement account has its own special rules. Be sure to study each type carefully to learn the details of its contribution and withdrawal rules and its tax privileges. Roth and education IRAs operate under rules that can be quite different from those of traditional IRAs.
This tutorial allows you to identify how and when you can take distributions from a traditional IRA. You should be able to study them in greater detail through other sources. Once you've studied them and compared their advantages and disadvantages, you will be in a position to choose an option for yourself.
Be sure to see our other tutorials on retirement planning in this series. Click here to learn even more about this topic with the Encyclopedia of Personal Finance™