The reason I say "Free" is because we take $1,000 a month from our conventional IRA to pay the house payment. It is paid bi-weekly to give a shorter payback time. The $12,000 a year we withdraw from our IRA is a minimal amount and our earnings over the past have far out paced this amount. We look at it as we just reduced the earnings on our IRA. We withdraw so little this way that our taxes on this money are usually nothing. Our accountant then tells us how much more we can transfer from our conventional IRA to our Roth IRA before we have to pay any taxes. Talk to your accountant, A good accountant is kind of expensive, but he should be worth it. He is not just there to do your taxes once a year.
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