Should credit card bills of $26,000 be paid off by IRA?

In Debt - Debt Management - Asked by fosterag - 13 months ago

This would be contingent on how much is in your IRA account and other retirement accounts. If you can comfortably pay off your debt it is a good option but if you are not comfortable with this repayment you should continue to make monthly payments but try to pay more than just the interest. You can also try and settle with the credit card company.

Answered by Admin - 13 months ago

Tags: retirement planning, retirement, IRA, credit card bill, credit card debt, debt

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Should credit card bills of $26,000 be paid off by IRA?

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