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re: Withdrawing from Roth IRA ?
Posted on 8/18/19 at 5:25 pm to purpngold
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
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
1
Posted on 8/18/19 at 6:05 pm to bluestem75
quote:
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.
And unless im off, the limit counts for converted rollover contributions as well.
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