You can withdraw money from your traditional IRA at any time by contacting your IRA provider and requesting a distribution. You will need to specify the amount and method of payment, such as a check, direct deposit, or wire transfer. You will also need to report your withdrawal on your tax return and pay income tax on the amount of your withdrawal at your current tax rate. If you withdraw before age 59 1/2, you may also have to pay a 10% early withdrawal penalty, unless you qualify for an exception, such as:
Buying or building your first home (up to $10,000)
Paying for qualified higher education expenses for yourself or a family member
Paying for unreimbursed medical expenses that exceed 7.5% of your adjusted gross income
Paying for health insurance premiums if you are unemployed
Becoming disabled or dying