Please ensure Javascript is enabled for purposes of website accessibility
Search
Accessibility Menu

Roth IRA Withdrawal

What to know before taking money out of your Roth IRA.

By Kailey Hagen – Updated Nov 19, 2024 at 4:41PM

Key Points

  • Roth IRA contributions can be withdrawn anytime without taxes or penalties.
  • Converted Roth IRA funds are tax- and penalty-free after five years from Jan. 1 of the year of the conversion.
  • Roth IRA earnings are tax-free after age 59 1/2 and a five-year holding period.
Key findings are powered by ChatGPT and based solely off the content from this article. Findings are reviewed by our editorial team. The author and editors take ultimate responsibility for the content.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.