» Three Drawbacks of Roth IRA Withdrawal
One of the greatest inventions for an individual’s retirement is the Roth IRA. Any distributions made after age 59 1/2 are tax free. Should you decide to take a distribution prior to this time there are three major drawbacks of Roth IRA withdrawal.
The first drawback is the ten percent IRS tax penalty. [...]
» Posted: Jun 23, 10 | Category: Investment | Tags: roth ira withdrawal, Roth IRA withdrawal penalty, roth ira withdrawals