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I have a retirement account with TD. When I opened it I was under the impression that I could withdraw all or some of the money in order to purchase a retirement home and not have to pay high taxes on it. Is this true? How do I go about this?
February 4, 2015 03:19:24 PM
Planning for Retirement
In reply to Colleen, Alliston
Great question, Colleen, and thanks for stopping by TD Helps for your answer.
If your retirement account is with TD Bank U.S. we invite you to call our IRA Department at 1-800-231-8193, they're available to answer any questions you may have about IRAs Monday- Friday 8:00am - 6:00pm and Saturday 9:00 am -1:30 pm. Additionally, please click http://bit.ly/1j4SCQq for a list of our Frequently Asked IRA Questions. You also have the option to visit any TD Store location during lobby hours for assistance. Please look here: http://bit.ly/TDStores to find a Store near you.
As you're writing in from Canada, if your retirement account is with TD Canada Trust, we invite you to click here: http://bit.ly/1DegFE9 for a question may be helpful to you. If this response does not address your concern, our friends in Canada can assist you directly if you can submit your question on their page here: http://bit.ly/1kD3iFr. You can also reach out to them 24/7 at 866-222-3456.
We hope this helps to make banking on both sides of the border convenient.
LiShu R, Mount Laurel
February 4, 2015 03:20:32 PM