There are penalties and fees for withdrawing money from an IRA account before the maturity date. Understand the penalties for early withdrawal from an IRA retirement account withtips and advice from an experienced financial adviser in this free video. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC