Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Traditional IRA and other Retirement Planning topics.

Can I withdraw from my Traditional IRA if I have a disability?

Your Traditional IRA and Disabilities

If you have a Traditional IRA and become disabled, you can withdraw money and it won't be subject to early penalty fees. You will have to prove your disability. To qualify, you must be under 59 1/2 years old, and you must have a physician's statement that you have a disabling condition that could lead to death.

Comments

Nobody has commented on this tip yet. Be the first.

Ask a Question

Not finding the advice and tips you need on this Retirement Planning Tip Site? Request a Tip Now!

Guru Spotlight

Jerry Mayo

Ever wonder how you could make your life better and more fun? So have tens of millions of fans who have turned to LifeTips for answers over the past decade. We keep the tips, advice, books, podcasts and writing services flowing, so you can keep your life and business growing in the right direction. Upward!