Can I withdraw funds from my Honest Dollar account?
Once you have your bank account linked to your Honest Dollar account and it has been verified, you can access any of your funds by initiating a withdrawal. However, taking money out of your IRA is not like taking money out of a savings account. Withdrawing before age 59 ½ could result in IRS penalties and taxes.
Honest Dollar is a registered investment advisor that can facilitate the creation of a retirement account. While we are familiar with the requirements for establishing accounts for tax planning purposes, we do not offer tax planning advice. If you don’t already have one, we strongly encourage you to contact a tax professional that can provide you with a comprehensive assessment of your tax situation.