Through the Pines Ep. 24 - How to Take Money OUT of an IRA

Through The Pines

HOW TO TAKE MONEY OUT OF AN IRA - THROUGH THE PINES PODCAST

Welcome to a Financial Planning Podcast with a down to earth vibe Sasquatch would listen to while churning butter, this is Through the Pines…

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*TIME STAMPS*

1:15 - Basic Rules to Access IRA Money 4:10 - Required Minimum Distributions 5:55 - It’s YOUR MONEY! It’s Your Responsibility. 6:50 - Taking money out for Charitable Contributions 8:50 - More on Required Minimum Distributions (in your 70s) 9:40 - Who Should Be Your IRA Beneficiary? 13:55 - Rule Changes 15:34 - 60-Day Rule, What is it? How to Use it. 18:15 - Using IRA Money to BUY a HOUSE! 22:00 - SMORE NUMBERS - Aging Demographic Statistics 23:15 - How to use IRA money for HIGHER EDUCATION 25:15 - Using IRA Money for Child Birth Costs 26:30 - Using IRA Money for Medical Expenses 28:50 - Substantially Equal Periodic Payments 35:40 - Death, Disability, Unemployment Distribution Options 37:00 - Pulling out NON-CASH Items from your IRA

Plan with Baxter: https://www.ameripriseadvisors.com/team/baxter-nelsen-associates/

Through the Pines - Reminding you to use Yesterday’s Dollars to Finance Tomorrow’s Dreams.

This episode includes financial advice from professionals. Visit the financial planners in this podcast at www.planwithbaxter.com. The Banyan Collective & Host, R. Brandon Long are not the financial professionals - podcast pro's, maybe - money men, not so much.

Through the Pines Podcast Copyright, The Banyan Collective - September, 2022