Can i take money out of my roth ira account?

Answer On One Hand: IRS Distribution Rules ApplyThe Internal Revenue Service allows individuals to make tax-free withdrawals from their Roth IRA accounts under certain conditions. Individuals can take mon... Read More »

Top Q&A For: Can i take money out of my roth ira account

When can I take money out of my Roth account?

On One Hand: Any Time You ChooseYou can take money out of your Roth IRA at any time. Contributions can be removed without penalty. But if you withdraw earnings early, you must pay income taxes on t... Read More »

Can the beneficiaries keep the money in the Roth IRA account?

The IRS requires that interest from a Roth IRA be distributed to beneficiaries at the end of the fifth year after the owner's death. A spouse beneficiary, however, may postpone distributions until ... Read More »

Can you take money out of your Roth IRA?

On One Hand: If You Are the Right AgeIf you are at least 59½ years old and you have had your Roth IRA open for at least five tax years, notes, you can take as much money as you want... Read More »

How to Take Money Out of a Roth IRA Early?

Roth IRAs were introduced in 1997 as an alternative way to save money for retirement. Instead of offering tax deductions for contributions, Roth IRAs allow people to make after-tax contributions, a... Read More »