10% Penalty On IRAs
IRAs and other retirement accounts are intended to help fund a person\u2019s retirement. But sometimes, circumstances dictate the need for those funds. This podcast explains why taking money out of IRAs should be the last resort, since the distribution can come with a heavy tax penalty.\n\nHawkins Ash CPAs is a full-service public accounting firm providing individuals, businesses, and organizations the services they need to save taxes, preserve wealth and maintain compliance. We have offices in Wisconsin and Minnesota. \n\nListen to more of the Tax Insights Podcast at hawkinsashcpas.com/cpa-hq/podcast/