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Roth IRA Early Withdrawal Rules
Contributions can be withdrawn tax-free, but earnings are taxed and, unless an exception applies, penalized.... More »
Difficulty: Easy
Source: www.ehow.com


You should avoid taking early withdrawals from your Roth IRA if possible. But you can do so without penalties to buy your first home or to pay for college.


There are several key rules and distinctions you should know before taking out any funds. Otherwise, you may be tagged with a 10% early withdrawal penalty.


Unless an exception applies, most distributions from a Roth IRA before the owner reaches age 59 1/2 will be subject to an "early withdrawal penalty" of 10% on ...


You also do not include distributions from your Roth IRA that you roll over tax ... a Roth IRA, you may have to pay the 10% additional tax on early distributions.


May 22, 2017 ... Retirement accounts aren't always known for their flexibility, which is why the Roth IRA stands out for its relaxed early withdrawal rules: ...


Nov 22, 2016 ... Roth IRA withdrawal rules allow you to pull contributions out at any time. With few exceptions, early withdrawals of earnings may be taxed or ...


Get a clear explanation about making a Roth IRA withdrawal. See tax implications and penalty details, which vary depending on your age.


Learn about the early withdrawal penalties and tax rules for both a Traditional and Roth IRA from the tax experts at H&R Block.


4 days ago ... Usually you'll pay tax penalties for draining your IRA early, but there are ... Roth IRA withdrawals are hit with a 10% penalty if you cash in before ...