Roth IRA Benefits + 5 Year Rules
Roth CONTRIBUTIONS are accessible tax & penalty free at any age and regardless of reason.
Roth contributions are accessible tax and penalty-free at any age and for any reason. However, earnings and conversions have a different set of rules to follow for the withdrawals to be considered a tax-free distribution.
For a more detailed explanation, watch the video on YouTube.
- Kerim Tulun, CFP®