ANSWERS: 1
  • You can withdraw all or part of your Roth IRA so long as the money makes it to another Roth IRA within a 60 day time frame. You cannot make another rollover from the originating or receiving IRA for one year beginning from the date of IRA DISTRIBUTION (not rollover). You can withdraw contributions to your Roth AT ANY TIME without penalty. Remember, you've already paid taxes on that money, so if you withdraw the principal, you don't owe the IRS anything. Any withdrawal is considered to be a return of contributions unless the withdrawal exceeds remaining contributions in your IRA.

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