Podcasts Business Investing Your Money, Your Wealth Roth IRA 5-Year Rules: How to Withdraw Money With No Taxes or Penalties - 404

Roth IRA 5-Year Rules: How to Withdraw Money With No Taxes or Penalties - 404

Published: Nov. 15, 2022, noon

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Joe and Big Al clarify once and for all those 5-year clocks for withdrawing money from your Roth accounts. How do the 5-year Roth IRA rules impact the taxation of dividend income? Do the 5-year rules for Roth withdrawals impact thrift savings plan (TSP) to Roth conversions as well? Plus, why contribute to a Roth in the first place and lose today\\u2019s tax savings? Joe and Big Al rise to that challenge and they discuss Roth conversions and required minimum distributions from an inherited IRA. Show notes, free financial resources, transcript, Ask Joe & Big Al On Air: https://bit.ly/ymyw-404

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