to borrow or take from IRA? |
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Flar
Member
Cash: $ 4.65
Posts: 23
Joined: 20 Mar 2018
Location: USA, New York |
If you're going to borrow, borrow from the credit union. They usually have a car buying program like UBS (United Buying Service) that provide extra perks only to credit union members
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Tue Mar 20, 2018 7:02 pm |
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rvalmeeki
Preferred Member
Cash: $ 36.70
Posts: 182
Joined: 04 Oct 2017
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Borrow can be a better option as per my knowledge and experience.
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Fri Dec 14, 2018 5:44 pm |
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vaduvala
Senior Member
Cash: $ 130.10
Posts: 665
Joined: 27 Feb 2018
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An IRA is an account set up at a financial institution that allows an individual to save for retirement with tax-free growth or on a tax-deferred basis. Many retirees find themselves in a lower tax bracket than they were in pre-retirement, so the tax-deferral means the money may be taxed at a lower rate.
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Tue Oct 12, 2021 7:11 am |
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