Kiplinger

A Penalty-Free Route To Tap an IRA

Mike D'Andrea knew something was wrong as soon as the client entered his office in Frederick, Md. The chartered financial accountant had worked with the client for years to make sure he saved enough and invested wisely to realize his dream retirement.

What they couldn't control was the client being laid off in a corporate downsizing. He told D'Andrea that his severance wasn't enough to carry him until he was

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