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early withdrawal from Roth


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Guest enigmaaaaa
Posted

am i correct in understanding that you can withdraw your _contribution_ from your ROTH IRA _any time_ penalty free and tax free and without waitinf for 5 years?

for example, i contributed $3000 in October, and in December, the account balance is $3500. I am allowed to withdraw $3000 from it now without penalty and tax?

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