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jhynesrockmtn jhynesrockmtn is online now
Zink Racer
 
Join Date: Aug 2005
Location: Spokane WA
Posts: 4,094
A professional is in order. She's past 59 1/2 so she can take money from her IRA with no penalty. Taxes will depend on whether it is in a conventional IRA or a ROTH. She's getting close to the age of needing to take a minimum distribution anyway. I believe that age is 72 now. Was previously 70 1/2. If you have a relationship with a CPA, that person should also have some helpful information.
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Jerry
1983 911 SC/Carrera Franken car, 1974 914 Bumblebee, 1970 914-4, 1999 323ti
Old 02-21-2022, 06:06 PM
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