Quote:
Originally Posted by John510
Is it true you can't touch a Schwab account until your 59 1/2 without getting penalized?
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Quote:
Originally Posted by jay72nova
Your IRA....or you get penalized...but I think there are exceptions for school and emergencies and the like but don't quote me on that..I'm not sure.
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I have a self directed Schwab IRA from a former employer rollover, and you can withdraw 100% of it once a year tax and penalty free as long as you put 100% of what you withdraw back within 60 days. I did it last year to help fund a business venture.