403b

Can I Take Money Out of One IRA, 401(k), 403(b), or Roth IRA and Roll It Into Another Account? – Dave

by

“Dear Paul, Hello, I am unemployed and need money…fast!!. I have several different retirement accounts: With “Investor-A”, I have both, a Traditional IRA & a Roth IRA With “Investor-B” I have both, 401k & 403b accounts (100% vested)… and I also have a SEP-IRA Interesting scheme… do you think this will work..?? I know you … Read more

Should I Cash Out My 403(b) Retirement Account to Pay Off Credit Cards

by

Gwen “Dear Steve, My husband and I have some pretty high debt on our credit cards and as he is self employed the economy has taken its toll on his income. As an educator I have a 403(b) with enough money in it to PAY OFF the credit cards completely. While it is not an … Read more

Is It Dumb to Take a Loan From My 403(b) Retirement Account to Pay Off Debt? – Maura

by

“Dear Steve, I have $20,000 in credit card debt that I can’t seem to pay down. I have cut up my credit cards and are no longer using them. My interest rates are 8-12%. I am considering taking a loan on my 403B at 4.25% that I pay back to myself. One of the downs … Read more

Dude, I Am Totally Freaking Out Over My Debt! – Margaret

by

Margaret “Dear Steve, Help! We need serious advice! My husband and I have combined CC debt of almost $50,000. We have never been late on payments, but that is all about to change because we are about to hit rock bottom. In a year we have both watched our credit card scores fall from 748 … Read more

Will Cashing Out My 403b Negatively Affect My Credit? – Luke

by

Luke “Dear Steve, I have a great employer pension, a decent 401k, and a small 403b($7000). I am not worried about retirement. I tried several years ago to combine the 403b into the 401k and was told I could not do that. I have no credit card debt but ridiculous student loans and a car … Read more