No. of Recommendations: 2
And I think Roth accounts if the money has been there 5 years.

Close, but not exactly. Roth 'regular contributions' can be withdrawn without paying taxes or penalties at any time. Roth conversions can be withdrawn after they have been in the account for 5 years without paying taxes or penalties. Withdrawing earnings from a Roth account prior to age 59 1/2 can result in having to pay taxes or penalties unless you qualify for an exception.

For lurkers out there who want to use Roth accounts prior to 59 1/2, there is a 'Roth Conversion Ladder' where, each year for 5 years prior to your retirement, you do a conversion of the amount that you believe that you will need in 5 years, and continue to do those conversions until you hit age 55.

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