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re: Withdrawing from Roth IRA ?

Posted on 8/18/19 at 11:56 am to Huey Lewis

Posted by purpngold

Member since Jun 2006

1761 posts

Posted on 8/18/19 at 11:56 am to Huey Lewis

Lewis,

Very helpful. Thanks!

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Posted by bluestem75

Dallas, TX

Member since Oct 2007

3254 posts

Posted on 8/18/19 at 5:25 pm to purpngold

You can withdraw your contributions at any time with no fee and tax free.

The 5 year rule kicks in when withdrawing earnings, but there are very specific guidelines about what you can spend the money on: medical expenses, first time buying a home, etc.

LINK

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