You can take money out of a Roth IRA retirement savings account but learn when and how to do so to avoid any taxes and penalties.
If you withdraw money from a Roth IRA, you may have to pay fees or penalties—but there are some exceptions. Learn more about Roth IRA withdrawal rules.
In general, two criteria need to be met for penalty-free withdrawals of all funds from a Roth IRA: The account has been open for at least five years and the account owner is age 59 ½ or older.
A Roth IRA is a special individual retirement account (IRA) in which you pay taxes on contributions, and then all future withdrawals are tax-free.
How to convert a traditional IRA into a Roth IRA, the tax implications of doing so, and how to decide whether a conversion makes sense for you.
A Roth IRA is an individual retirement account (IRA) under United States law that is generally not taxed upon distribution, provided certain conditions are met. The principal difference...
Discover what a Roth IRA is, how it works, its benefits, and how to open one. Learn the essentials of Roth IRAs. Choose the best IRA provider for you.
The Roth IRA is a retirement saver's dream. The Roth IRA five-year rule mandates a five-year waiting period for tax-free withdrawals of earnings.
With a Roth IRA, you save after-tax dollars for retirement. While you can't deduct contributions on your taxes, you do score tax-free retirement income.
Understand the Roth IRA withdrawal rules to avoid penalties. Learn about the conditions for penalty-free withdrawals of contributions and earnings after age 59 1/2 and a five-year holding period.