Take an IRA Paid Vacation

Imagine having the freedom to use retirement funds without being penalized by a 10% early distribution fee. With this money, you could start the business you have always dreamed of having. You could even purchase real estate without fear of violating IRS codes, pay unexpected bills, or retire early.
The majority of industry sources indicate that trillions of dollars are currently invested in IRA accounts. Those who will utilize these IRA funds fall into four distinguishing categories:
* Those who intend to use their IRA retirement accounts as they were originally created by their financial advisors and who plan to "stick it out" in the market.* Those who would like to diversify their portfolio in order to include non-traditional assets.* Those who do not need the IRA funds and who will not need these funds upon retirement. For these people, the IRA accounts will never be distributed.* Investors in this category may be younger than 59 ½ and want to use their IRA funds for other purposes without penalty. For these people, the most common use of the IRA funds is for vacation home planning.* Those who want to tap into their IRA accounts for a variety of purposes, but who are afraid to do so out of fear of incurring penalties. * Investors in this category may want to remove funds from their IRA accounts in order to make up for loss of income, to enjoy an early retirement, to add extra income to the household, or to purchase a business.
When it comes time to take your money out of your IRA, you'll want to be careful. The last thing you need to do here is upset the apple-cart and take your money out early -- or late -- or... take out too much money, or whatever. However, with the appropriate IRA advisor and penalty free program, any individual in the last three categories can realize their dreams - and all without any risk of early withdrawal penalty!
Choosing Your Options
The disappointing performance of the stock market has created a growing trend toward utilizing IRA or 401k funds for purchases, such as real estate, business or other nontraditional assets. Most often these purchases are made within an IRA.
Making a purchase within an IRA, however, is not always the best investment option. In fact, owning real estate, a business, or other nontraditional assets outside of an IRA or 401k can possibly be far more advantageous. For example, owning assets outside of an IRA can be a better choice for those who:* Need a depreciation write-off* Need funds for personal benefit* Use the property for personal benefit* Use the property for immediate family members
For these individuals, a Penalty-Free IRA program might just be the answer to relieving financial stress such as paying credit card debit, starting a business or franchise, or providing the ability to retire early. If your IRA structured properly the sky is the limit.