The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/gains-from-the-investments-were-tax-free-as-well-13262655.aspx

Subject:  Re: Taxes on gains with Roth? Date:  9/7/2000  3:43 PM
Author:  thehendrys Number:  24652 of 75642

Gains from the investments were tax-free as well.

It may be that you have read that Contributions can be withdrawn without tax or penalty before age 59.5 whereas Gains cannot be.

The Gains will be penalized, if you try to withdraw them before 59.5. But after age 59.5, nothing is taxed or penalized, as you suspected.

Hope that helps...

the hendrys
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us