3 Withdrawal Rules You Need to Know About a Roth IRA

3 Withdrawal Rules You Need to Know About a Roth IRA

Roth IRAs are a great tool for saving and investing for retirement. Unlike a 401(k), your contributions to a Roth IRA are after-tax, so you get to reap the benefits on the back end after your money has had a chance to grow and compound tax-free (whereas your tax benefits for traditional IRAs are on the front end with a chance for deductions). Roth IRA withdrawal rules largely depend on the "type" of money you're withdrawing.