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We have $8 million in traditional IRAs. Should we tap them to buy a house — and take the tax hit?

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We have $8 million in traditional IRAs. Should we tap them to buy a house — and take the tax hit?

“We would rather pay taxes upfront than pay mortgage interest.”

We have $8 million in traditional IRAs. Should we tap them to buy a house — and take the tax hit?


Source:MarketWatch

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Sourcehttps://www.marketwatch.com/story/we-have-8-million-in-traditional-iras-should-we-tap-them-to-buy-a-house-and-take-the-tax-hit-c2478daa