In this episode of Your Wealth Health, in which we discuss the financial options on the table for those who are close to retirement but have lost their jobs due to mandatory shutdowns.
Our conversation will provide answers to the following questions:
- Should you consider drawing social security earlier than planned?
What factors do you need to consider when deciding? What is the financial impact of drawing early?We also examine options outside of social security that would allow you to access money during this time, including:
- 401k rules under CARES Act
IRA rules Loans from retirement accountsHome equity loans, and more. Watch Saturday’s @9:30am on FOX Michiana
Or at YourWealthHealth.com