首页
登录
职称英语
The housing market is expected to be busier than usual this winter as some h
The housing market is expected to be busier than usual this winter as some h
游客
2024-03-07
25
管理
问题
The housing market is expected to be busier than usual this winter as some home buyers rush to act before the Federal Reserve raises interest rates—which some analysts say could happen as early as December.
Some consumers who haven’t yet been able to save the money for a down payment may be tempted to raid their retirement accounts for the cash. Indeed, first-time home buyers have several options for
tapping their nest eggs
before retirement without having to pay the 10 percent penalty charged for early withdrawals.
For people with decent retirement savings, borrowing or withdrawing from a retirement account can be a way to diversify investments by buying an asset that can add to their total net worth. But people considering the move should take into account all of the costs they might face, including interest, lost investment growth and potential penalties if plans fall apart.
In most cases, the home in question doesn’t actually have to be a person’s first home. Generally, the IRS requires that a person using retirement funds to buy a home must not have owned a home in the past two years. The house must be the person’s main home.
The specific requirements for dipping into savings vary depending on the type of retirement account. Savers using 401 (k) plans can take loans of up to 50 percent of their vested account balance, with a maximum of $50000, to help pay for a main home. Savers can also withdraw up to $10000 from a traditional IRA or a Roth IRA penalty-free to buy a first home for themselves, their spouse or their children.
For most savers using retirement funds to buy a home, one of the biggest downsides is that the move cuts down on the amount of time their savings are invested in stocks and other markets. While borrowers are using the money to make an investment, the growth potential for the property may not be as large as the potential growth the cash might have seen had it stayed invested, says Meghan Murphy, a director with Fidelity Investments.
People who borrow from their retirement accounts one time may also be tempted to borrow again, Murphy says, creating a dangerous habit of serial borrowing. Plus, people who have taken loans from their 401 (k) s are also more likely to take hardship withdrawals, which are allowed to help pay for emergencies and which are subject to taxes and a 10 percent penalty.
At the end of the day, what’s best will depend on a person’s situation. Taking away $10000 from a retirement account won’t necessarily make or break a person’s retirement. But savers should understand the full consequences of the move before they decide. [br] What may be a potential threat for people who borrow from retirement accounts?
选项
A、They may have less time to think about investing in stocks.
B、They may lose the opportunity to increase the cash property.
C、They may face severe penalties while paying for house-purchase.
D、They may form a habit of borrowing from retirement accounts.
答案
D
解析
由题干中的a potential threat定位至第七段。推理判断题。第七段第一句提到,大多数使用养老金购置房产的存款者都有可能会再次进行借款,继而养成持续借款的危险习惯,而随后作者也提到有些借款可能会面临税收惩罚,因此养成借款习惯是一种潜在威胁,故答案为D。
转载请注明原文地址:https://tihaiku.com/zcyy/3512528.html
相关试题推荐
[originaltext]Thereisanoldsayingthatthemarketisdrivenbyfearandgree
[originaltext]Thereisanoldsayingthatthemarketisdrivenbyfearandgree
[originaltext]Thereisanoldsayingthatthemarketisdrivenbyfearandg
[originaltext]Thereisanoldsayingthatthemarketisdrivenbyfearandg
[originaltext]Thereisanoldsayingthatthemarketisdrivenbyfearand
[originaltext]Thereisanoldsayingthatthemarketisdrivenbyfearand
[originaltext]Nextmonth,severalchainsupermarketsintheUKwillstopse
[originaltext]Nextmonth,severalchainsupermarketsintheUKwillstopse
AUKsupermarkethasbecomethefirstintheworldtoletshopperspayforg
AUKsupermarkethasbecomethefirstintheworldtoletshopperspayforg
随机试题
Allovertheworld,yourchancesofsuccessinschoolandlifedependmoreo
[originaltext]M:Whichcoatdidyoufinallydecidetobuy?W:Well,Iwouldhav
汉朝建于公元前202年,是中国历史上存在时间最长的朝代之一,分为西汉与东汉两个阶段。汉朝被称为黄金时代,在经济、文化、艺术和科技等各个方面均创造了辉煌的
临床上利用冰帽、冰袋给高热的患者降温属于()A.传导散热 B.辐射散热
下面关于计算机Cache的论述中,正确的是()。A.Cache是一种介于主存和
根据《房屋建筑与装饰工程工程量计算规范》(GB50854-2013)规定,关于
以下方剂主治肾阳虚水泛证的是A.真武汤 B.肾气丸 C.实脾散 D.理中丸
2020年J省完成货物进出口总额44500.5亿元,其中出口27444.3亿元,
BJ公司是某银行客户经理小王计划大力营销的目标客户。近期,小王拿到了该公司的财
共用题干 一般资料:求助者,女性,31岁,已婚,大学文化程度,某公司部门经理。
最新回复
(
0
)