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DAP Forums > Other Topics > Other Topics

Roth IRA

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#1
04-16-2022, 10:58 PM
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Does any one know the penalties of withdrawing money from a Roth IRA ? I have an unforseen expense that I really need to take care of and really need the cash.
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#2
04-16-2022, 11:34 PM
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Shouldn't be any penalties I think. Roth IRA taxes should already be paid.

Roth retirement would have penalties.
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#3
04-18-2022, 09:39 AM
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There is a penalty as it is a retirement account, not a standard brokerage account for a reason. You have to meet certain rules prior to withdrawing.
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