This Retirement Account Lets You Tap Some of Your Funds Freely at Any Age
Retirement accounts offer great tax benefits, but to earn them, you generally have to leave your money untouched until you turn age 59 1/2. Withdrawing cash sooner generally triggers a 10% early withdrawal penalty on top of the taxes you could already owe if the money came from a tax-deferred account, like a traditional IRA or 401(k).
There's one account that lets you tap a portion of your retirement savings whenever you want -- although that doesn't mean you should.
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Source Fool.com
