Thread: Taking money out of retirement funds to purchase cards
View Single Post
  #10  
Old 10-23-2022, 01:56 PM
carlsonjok carlsonjok is offline
Jeff Carlson
Member
 
Join Date: Apr 2011
Location: Norman, OK
Posts: 629
Default
Quote:
Originally Posted by raulus View Post
I mean…not that I have any experience in such matters, but it does seem like there would be a degradation factor over time…
You are talking to BobC, our resident tax expert. The correct term is depreciation.
Reply With Quote