Replies to post #343330 on NorthWest Biotherapeutics Inc (NWBO)

[Gus1212]

Tax Free

[ccie1024]

Hansm7777 -

It is in our best interests to follow the 5-year rule as failure to do so means you'll pay both income taxes and a 10% penalty on withdrawn earnings.

[bas2020]

I'm not Gus, however, I believe the rule is that you have to have had your Roth established for at least 5 years to avoid penalties on distributions (assuming age 59-1/2).

I don't believe contributions or conversions require a waiting period before distributions (provided the above 5 yr rule and age requirement).