Qualified distributions include the withdrawal of contributions at any time and earnings after the account is open for five tax years and the owner is 59 1/2 years of age. TheseRoth IRA rulesare very beneficial to individuals who may find themselves in a higher tax bracket when distributions a...
Further, because I’m the suspicious type, and the tax advantages of a Roth are so attractive, I start thinking about what might go wrong. Especially since these are such long-term investments and the government can and does change the rules seemingly on a whim. Two things occur to me: ...