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  • Is it wise to use IRA money to buy into state pension? Or should I keep money, buy annuity at retirment age?

    Posted by admin on July 30th, 2009 and filed under Buy Annuities | 1 Comment »

    It would cost me $27,000 to gain three years toward a six-year vestment in Florida state system.

    This depends on a lot of factors. Your age being the primary factor. Based on what you described it is probably best to keep the money where it is at.

    Keep in mind if not a Roth IRA there can be a penalty for early withdraw.

    One Response

    1. Mr_Blue Says:

      This depends on a lot of factors. Your age being the primary factor. Based on what you described it is probably best to keep the money where it is at.

      Keep in mind if not a Roth IRA there can be a penalty for early withdraw.
      References :

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