When Can You Cash Out a Roth IRA?

The magic age for both the Roth IRA and the traditional IRA is 59 ½. If you are older than that you can withdraw your funds tax and penalty free. Otherwise, the early withdrawal penalty is 10% as with the traditional IRA. That is on top of the taxes you will have to pay. However, [...]

June 7, 2010 • Tags: Ira, Roth Ira • Posted in: Credit Cards • No Comments