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re: Contribution Withdrawal from Roth IRA - Question
Posted on 6/10/16 at 12:24 pm to TigeRoots
Posted on 6/10/16 at 12:24 pm to TigeRoots
You already paid taxes on the contributions in a Roth IRA. A penalty would only apply to a withdrawal of the tax deferred earnings on the contributions. I think the contributions also have to be in the account for a minimum of 5 years to withdraw.
This post was edited on 6/10/16 at 12:25 pm
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