Search found 2 matches
- Fri Apr 09, 2021 5:53 pm
- Forum: General questions and comments
- Topic: Withdraw from a specific account
- Replies: 1
- Views: 7593
Withdraw from a specific account
Is there a way to specify a particular account (taxable, tax free or combination) for a large withdrawal (ie for a new home)? As you can imagine, the effect on taxes could be substantial. Thanks...as always
- Wed Feb 12, 2020 4:43 pm
- Forum: General questions and comments
- Topic: Mortgage paid off
- Replies: 2
- Views: 8020
Mortgage paid off
In the future, our vacation home will be paid off saving us about $111,000 per year. I have input this as misc income on the expected date to the end of plan since it is an annual savings. Is this the best way to handle? If so, I assume that I can model an early payoff in the same manner. Thx.