You can withdraw your funds from an IRA account at any age, but before you are 59 1/2 it causes a 10% early withdrawal penalty on your form 1040. I cannot imagine they would allow you to roll over an IRA into a local bank, perhaps you could just take a $25,000 distribution from the IRA. It would seem an IRA could not be considered as monthly income, for you are not required to take any distributions until age 70 1/2, and iRAs’ can lose a great deal of value, depending on how the money is invested. Perhaps if there is an annuity within the IRA pumping out the required $800/month plus $100 per dependent it could be considered. Hope someone here can fill in the blanks for you. Good luck in your escape attempt from Nevada!!
