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Should You Take Money Out of Your IRA to Pay Off Debt?
Should You Take Money Out of Your IRA to Pay Off Debt?

If you’re getting deeper and deeper in debt by the day, the funds sitting in your IRA may be looking pretty good right about now. Perhaps you have big medical bills, thousands in credit card debt, past-due utility bills and you’re barely able to pay your monthly housing ...

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Recent Posts
  • Should You Take Money Out of Your IRA to Pay Off Debt?

    If you’re getting deeper and deeper in debt by the day, the funds sitting in your IRA may be looking pretty good right about now. Perhaps you have big medical bills, thousands in credit card debt, ...

    Read More
  • Secured vs. Unsecured Debt: What’s the Difference?

    When it comes to debt, not all debt is the same. From the mortgage on your home, to the child support debt you owe your ex, to the money you own on your credit cards, to the loan you have on your ...

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  • Is My Spouse Responsible for My Debt When I Die?

    If you’re like most people, you dislike contemplating your own death. So many people find the thought of dying morbid, that’s why it’s common for people to avoid visiting with an estate planning ...

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  • Are You Living Paycheck to Paycheck?

    “Do not spend a dime until I get paid on Friday, otherwise we’ll be overdrawn in the bank account!” Does that sound familiar? If so, you’re probably living paycheck to paycheck just like 78% of ...

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  • Will Chapter 7 Wipe Out All of My Debt?

    If you’re dealing with crushing debt and you feel you’re running out of options, you may be considering filing a Chapter 7 bankruptcy . While Chapter 7 bankruptcy can be an ideal option for many ...

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  • When Does Bankruptcy Make Sense for Seniors?

    With the cost of living increases, inflation, and rising healthcare costs, it’s no wonder why some senior citizens file for bankruptcy relief. If you’re a senior citizen who is considering filing a ...

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