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Bionic Man

01/10/22 9:37 PM

#12053 RE: Outcast27 #12052

Well, as the rules currently are. I can’t withdraw until 59 1/2. Unless I pay a 10% penalty. I can trade inside of the Roth and make as much as I can. That’s the benefit of a Roth. I still have 9 1/2 years to wait. As long as the IRS doesn’t change the rules on us, I won’t be expecting a bill. I do have to pay the taxes yearly on my $7,000 yearly contribution.