roth ira withdrawals

Roth IRA Withdrawals: Roth IRAs are governed by the IRS; as such there are many Roth IRA withdrawal rules that must be followed before you take money out of your account. In this article we’ll discuss the rules regarding Roth IRA withdrawals including when distributions can be taken, when and if they are taxable, when [...]

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Roth IRA Benefits: No RMD, No Taxes!

by kristine on December 8, 2010

If you have a traditional IRA and you are over age 70 ½ then you are required to take a minimum distribution each year, otherwise called an RMD.  The sole purpose of the RMD is to generate tax revenue.  At some point the IRS realized that some people did not need the money in their [...]

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