montanaholtry montanaholtry

09-05-2018
Mathematics

contestada

Bobby just turned 56 and has retirement savings in an IRA. How many years will he have to wait to be able to withdraw money without penalty?

Respuesta :

09-05-2018

The minimum age to withdraw from an IRA without penalty is 59 1/2. Subtract Bobby's age from this required age.

59 1/2 - 56 = 3 1/2

Bobby will have to wait 3 and a half years to withdraw without incurring penalties.

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mountainkitty12 mountainkitty12

31-01-2019

Answer:

3.5 - Apex

Step-by-step explanation:

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