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Rgb
Pilla Bewarse
Username: Rgb

Post Number: 16
Registered: 04-2015
Posted From: 162.115.236.101

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Votes: 0

Posted on Saturday, February 03, 2018 - 11:28 pm:   
Andhravodu:

Slight correction, 10% penalty, not tax. Money in Roth IRA is post-tax, you will not pay taxes when you with-draw



Also this penalty is on earnings only. You can withdraw the pirncipal without any problems

Example scenarios https://www.fool.com/retirement/iras/the-roth-ira-part-iv-early-withdrawals.aspx

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