How do I withdraw funds from my IRA?

Once you’ve linked your bank account to your Honest Dollar account and it has been verified, you can initiate a withdrawal of funds from your Honest Dollar dashboard. However, taking money out of your IRA is not like taking money out of a savings account. Withdrawing before age 59½ could result in IRS penalties and taxes. For more information, you should consult the IRS website.


While we are a registered investment adviser and are familiar with the requirements for establishing accounts, we do not provide legal, accounting, or tax advice. If you don’t already have one, we strongly encourage you to contact a tax professional who can provide you with a comprehensive assessment of your tax situation.