Traditional IRA Early Withdrawal Penalties: What You Need to Know

If you withdraw money from your traditional IRA before age 59½, you will likely have to pay a 10% penalty on top of regular ...
AOL

Are Roth IRA Contributions Tax Deductible? Rules and Exceptions

With a Roth IRA, you contribute after-tax dollars, so there is no tax deduction when you put money in. The benefit comes later because your investments grow tax-free and qualified withdrawals in ...
Nevada Appeal

Kelly Bullis: Roth IRA distributions might be taxable

Oh boy! Did I get your attention? You say, “But Kelly! I thought all Roth IRA distributions were tax free!” I say, “Not so fast, Sparky.” This is embarrassing. I used to think like you. Then I got my ...
Morningstar

A flood wiped out my employer, can I tap into my Roth or regular IRA without penalty?

I'm so sorry to hear this. That has to be rough. I'm going to assume all the funds in the traditional IRA are pretax. Unless an exception applies, taking any of those funds or earnings from your Roth ...
Finance Strategists on MSN

What you might need to know about early withdrawal penalty

Discover the essentials of early withdrawal penalties, including their meaning, calculation, scenarios, exceptions, and ...
Hosted on MSN

Roth IRA Minimum Distribution Rules: What You Need to Know

If you’re saving for retirement or just trying to make the most of your retirement accounts, you might be wondering: Do Roth IRAs have RMDs? It’s a great question — and the answer is a big reason why ...
Nasdaq

Most Early IRA Withdrawals Get Hit With a Fee -- But 3 Exceptions Could Save You

When it comes to saving and investing for retirement, there aren't many better routes than utilizing retirement accounts. The most popular option is a 401(k), but it's not the only viable option. IRAs ...