What if I Need Access to My Money Now? - KTRE.com | Lufkin and Nacogdoches, Texas

What if I Need Access to My Money Now?

A helpful feature of the Roth IRA is that, for nonqualified distributions, original contribution amounts are returned first. Contributions (as opposed to earnings) are not subject to taxation or the 10 percent IRS premature-distribution penalty when distributed.  In other words, you can always get back your principal tax-free and IRS penalty free for any reason. 

 

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