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http://boards.fool.com/gains-from-the-investments-were-tax-free-as-well-13262655.aspx
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| Subject: Re: Taxes on gains with Roth? | Date: 9/7/2000 3:43 PM | |
| Author: thehendrys | Number: 24652 of 88058 | |
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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 It may be that you have read that Contributions can be withdrawn without tax or penalty before age 59.5 whereas Gains cannot be.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 |
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