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re: Taking contributions out of Roth IRA to buy land (updated 5/28/24 - not Roth)
Posted on 2/1/24 at 3:30 pm to kywildcatfanone
Posted on 2/1/24 at 3:30 pm to kywildcatfanone
Hey it's your money and if your not happy with your current situation and you have the means to do something about it do it. Are you over 59 1/2 so that you are not hit with the Roth IRA penalty?
Posted on 2/1/24 at 3:37 pm to FLObserver
quote:
Hey it's your money and if your not happy with your current situation and you have the means to do something about it do it. Are you over 59 1/2 so that you are not hit with the Roth IRA penalty?
I don't think the 59 1/2 applies to contributions, which is what I'm talking about, only investment earnings, but I'm about 3 months shy of 59 1/2. And the account is over 5 years old.
This post was edited on 2/1/24 at 3:38 pm
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