I have $100,000 in my LIRA Account. I am retired at 57 and no income coming in. How can I take money out of that Account. Will I have to pay tax and how much. Any other negative implications. Please help.
|  | 
I have $100,000 in my LIRA Account. I am retired at 57 and no income coming in. How can I take money out of that Account. Will I have to pay tax and how much. Any other negative implications. Please help.
I was a bit unsure of what a LIRA acct was, appears you may be in Canada. IF you Google " taking money from my LIRA Account", you will get a number of hits. It appears you may be too young to do it without extra penalties and taxes.
| All times are GMT -7. The time now is 11:55 AM. |