re: Roth IRA- is it considered a liquid asset

Because I don't write every post as if I was writing a contract?

Yes, I am aware of the minimum age limit.

We were talking about being able to withdraw your deposit, not for an overview of every aspect of the Roth IRA.

You came in talking about 5 years, so I detailed the cases where the 5 year rule applies.

Jesus.

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And a pre-5 year withdrawal of your deposit will be penalized

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And again, wrong.

Not only you can withdraw your deposits tax/penalty free, there are cases where you can withdraw a deposit and the earnings it made in a given year tax/penalty free.

Although I can't begin to imagine the paperwork headache such a thing would cause.

Straight from the IRS page on Roth IRAs:

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Withdrawals of contributions by due date. If you withdraw contributions (including any net earnings on the contributions) by the due date of your return for the year in which you made the contribution, the contributions are treated as if you never made them. If you have an extension of time to file your return, you can withdraw the contributions and earnings by the extended due date. The withdrawal of contributions is tax free, but you must include the earnings on the contributions in income for the year in which you made the contributions.

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No, I don't work in taxes or any form of finance.

But given your user name, I can only presume that you do work in some form of finance.

And that is just sad that I am aware of more than you in anything associated with the field, as I only started to self teach for the past few years.