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re: Withdrawing money from Roth

Posted on 9/8/14 at 7:38 am to
Posted by LSU0358
Member since Jan 2005
7947 posts
Posted on 9/8/14 at 7:38 am to
(no message)
This post was edited on 9/8/14 at 10:59 am
Posted by GenesChin
The Promise Land
Member since Feb 2012
37722 posts
Posted on 9/8/14 at 7:53 am to
quote:

It is taxed at your income level plus an additional 10%. Unless you are paying emergency medical costs or something in that category...withdrawing from a Roth is an expensive proposition.


You are confusing traditional IRAs and 401ks with a Roth bro. Roth is after tax contributions and I want to withdraw only my contributions (which I already have paid taxes on)

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This post was edited on 9/8/14 at 7:55 am
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