NorthWest Biotherapeutics Inc (NWBO)

[CherryTree1]

Yes that is the down side. You need to wait until you are 59 1/2 years old before the withdrawal is tax free and penalty free. If you have an non-qualified withdraw from your Roth before then there is a 10% tax penalty and you have to pay income tax on the money too - ouch. There are some qualified early with drawls but for things like medical expenses so not for your yacht. But if you don't have it in an Roth then the government will take a great big bite out of windfall profits. I think the feds take something like 37% for $1 million and if you live in New York State they will take a great bite out of it too. I have a mix of NWBO investments. I couldn't put it all in a Roth since there are limits on what can be put into a Roth annually.