AmyC
Employee Tax Expert

Get your taxes done using TurboTax

It sounds like you really don't want to bother with that small account and have it hanging over you. It is a small amount, you can roll it to your Roth, if allowed, or just close it out. However, you may incur a penalty, if under age. Being such a small amount, you can take it now and relax or decide to let it ride until you are a senior. Whichever one you can handle emotionally is the best choice for you.

 

Please see IRA FAQs - Distributions (Withdrawals)

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