ROTH IRA Withdrawal Rules

Regulations for Roth IRAs can be complex, and they become even more difficult to understand when one needs to use the money earlier than expected.

Even if you don’t need the money for an emergency, it’s important to understand the rules for withdrawing early. Doing so in the wrong manner may negate the tax benefits that a Roth IRA provides.

However, there is good news. A Roth IRA is more flexible than an employer-sponsored retirement plan and a Traditional IRA. As an account holder, if you fully understand Roth IRA withdrawal rules, you will also be able to better manage your account.

What’s the “Five Year Rule” and how does this apply to your Roth IRA? Watch this and find out!

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