- Joined
- Oct 20, 2004
- Messages
- 31
- Reaction score
- 0
I have a conventional IRA with about 15k in it and am thinking about maybe cashing it in. I know there is a tax penalty, but my question is if I have no tax burden do I still have to pay the penalty. I'm just starting my internship, so I will only have half a year's salary combined with a non-working spouse and child, a tuition credit, and interest deduction from my mortgage.
Thanks.
Thanks.