Finance & Investment Tips : Early Withdrawal Penalty on a CD Held in an IRA

787 views · Published 16 November 2008 · 1:15 · Indexed 20 September 2026

Channel: ehow · 2008 · Howto & Style

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Early withdrawal of a CD held in an IRA could induce a double penalty by garnering a non-tax deductible penalty from the bank on the CD and penalty from the IRS on the IRA. Avoid getting hit with a penalty by withdrawing from an IRA, even in an emergency, with advice from a registered financial consultant in this free video on finance and investment.

Expert: Patrick Munro
Contact: www.northstarnavigator.com
Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace.
Filmmaker: Reel Media LLC

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