My Account
Sign up, and you can customize which countdowns you see.
Sign up
Report problem with this ad
Start a related thread
Start a related poll
Reply via Boardmail
Sep 30, 2024
10:06
:41
am
valleus
All-American
What you’re missing is you’re depriving yourself of compounded gains on that
$30k that you can’t ever get back. If it’s an emergency, sure…but if not I wouldn’t do it.
Start a related thread
Start a related poll
Reply via Boardmail
Report problem with this ad
valleus
Bio page
valleus
Joined
Feb 1, 2017
Last login
Sep 30, 2024
Total posts
10,030 (2,503 FO)
Report problem with this ad
Messages
Author
Time
I am wanting make a withdrawal from my Roth IRA, any reason why I should not?
kosmokramer
10:04am
What you’re missing is you’re depriving yourself of compounded gains on that
valleus
10:06am
Isn't there a 10% penalty, or something like that?
Ragnar Danneskjold
10:07am
Not for Roth contributions
RBLegend
10:09am
Not for certain reasons…
NorCal_Coug
10:09am
You can pull out Roth contributions for any reason you want.
RGGeemer
10:09am
That's only gains. You can take out contributions penalty free for anything. After 5 years.
Mr. Belding
10:50am
Because you will retire one day and will probably need money.
Sea Chicken
10:08am
I don’t think you’re missing anything. It’s just the loss of tax-free
RBLegend
10:08am
Can you do a 401k loan? I would recommend that if that’s an option
palangi
10:10am
Report problem with this ad
Posting on CougarBoard
In order to post, you will need to either
sign up
or
log in
.
Report problem with this ad