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Strategies & Market Trends : Retirement - Now what? -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (253)10/10/2010 10:16:00 AM
From: Steve Felix3 Recommendations  Read Replies (1) | Respond to of 288
 
Hi Dale. My question would be how does an Individual Retirement Account become jointly owned?



To: Dale Baker who wrote (253)10/10/2010 9:57:45 PM
From: Mark Mandel  Respond to of 288
 
Folks that haven't reached 59 1/2 can withdraw funds from an IRA penalty-free...

At last count there are 7 exceptions to paying the 10% early withdrawal penalty. See: retireplan.about.com

Also, an individual retirement account is not jointly owned as previously posted. However I believe there are survivorship guidelines/rules based on the state you live in.


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