Topics Topics Help/Instructions Help Edit Profile Profile Member List Register Paatha Gnyapakaalu - Archives from Old DB  
Search New Posts 1 | 2 | 8 Hours Search New Posts 1 | 3 | 7 Days Search Search Tree View Tree View Latest tweets Live Tweets   Hide Images

Rate this post by selecting a number. 1 is the worst and 5 is the best.

    (Worst)    1    2    3    4    5     (Best)

Author Message
Top of pagePrevious messageNext messageBottom of page Link to this message

Kodibochu
Kurra Bewarse
Username: Kodibochu

Post Number: 3972
Registered: 04-2019

Rating: N/A
Votes: 0

Posted on Friday, December 18, 2020 - 2:20 pm:   


Andhravodu:

The gains are completely tax free in Roth IRA




you need pay taxes and penalty on the gains if you withdraw from roth IRA (unless its a qualified withdrawal like Age 59.5 years or first time home buying etc..). only the original contribution can be withdrawn without tax and penalty(because you did not get any tax benefit while contributing it)

Topics | Last Hour | Last Day | Last Week | Tree View | Search | Help/Instructions | Program Credits Administration