Withdrawing $5,000 is legal and common, but it can trigger delays, questions, and limits most people do not expect.

Pulling $5,000 in cash out of your bank feels like a big move, and it often sparks an even bigger worry: will this put me on ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The new record supports figures that highlight four years of ...

But the truth is withdrawing cash amounts of $10,000 or more triggers a report to the IRS. Yep, even if the money is legally yours and you're not doing anything shady, your bank must file a report ...