BACKNEXT

When can I take money out of a traditional IRA?

Whenever you want. But you will pay regular income taxes on the full amount. If you are under age 59½ when you make the withdrawal, you will also be charged a 10% penalty in addition to paying regular income taxes. So making an early withdrawal is almost always a terrible idea.

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.