Roth’s Five-Year Rule IF YOU MAKE REGULARannual contributions to a Roth IRA, you can withdraw those contributions at any time with no taxes or penalties owed. It’s a different story, however, with the account’s investment gains. Those gains will be subject to both income taxes and tax...
the Roth account has grown to $11,000 and she decides to withdraw the entire amount thinking she can do so tax free since she's older than age 59½. However, because she hasn't met the five-year rule for Roth contributions, the earnings...