Though you can close an IRA without penalty once reaching age 59 1/2, there may be tax advantages to keeping it open.
Saving for college is best spent over many years, and it helps to use the right tax and investment tools.
Before using an IRA to pay off debts, there are a variety of legal and financial implications to consider.
Directing your retirement income efficiently and appropriately can be one way to help that income go further.
Breaking into a CD is likely to entail a penalty, but there are some factors that might mitigate this financial hit.