Podknife - Need $1,000 for an Emergency? Now It’s Easier to Tap Your IRA or 401(k) by WSJ Your Money Briefing

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Need $1,000 for an Emergency? Now It’s Easier to Tap Your IRA or 401(k)

Podcast |: WSJ Your Money Briefing
Publisher |: The Wall Street Journal
Media Type |: audio
Podknife tags |: Business,; Business News,; Investing,; Personal Finance
Categories Via RSS |: Business News,; News
Publication Date |: Jul 19, 2024
Episode Duration |: 00:08:30

The IRS has made it easier for people to withdraw up to $1,000 annually from their retirement account in case of emergency. Wall Street Journal personal-finance reporter Ashlea Ebleing joins host J.R. Whalen to discuss the fine print, including what qualifies as an emergency, and the tax implications involved. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

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