Daniel Bukszpan is a senior writer for CNBC.com. He has been a freelance writer for 20 years and is the author of "The Encyclopedia of Heavy Metal," published in 2003 by Barnes and Noble and "The Encyclopedia of New Wave," published in 2012 by Sterling Publishing. He also contributed to "AC/DC: High-Voltage Rock 'N' Roll, The Ultimate Illustrated History," "Iron Maiden: The Ultimate Unauthorized History of the Beast" and "Rush: The Illustrated History," published by Voyageur Press. He lives in Brooklyn, New York, with his wife, Asia, and his son, Roman.
Withdrawing money from a retirement account can carry a high price. Besides jeopardizing long-term savings, withdrawals can incur a 10 percent penalty. Still, if you’re in a financial pinch there are some options for cracking your nest egg that are better than others.
In September 2011, Bank of America announced that it would charge customers a monthly fee of $5 for debit card use. Consumers may be unhappy with the decision, but they’re already paying fees on their credit and debit cards all the time. Here are some things to watch out for to avoid paying extra fees on credit and debit cards.