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by Ed_Sandwich
Mon Mar 20, 2017 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Roth IRA contribution withdrawal schedule
Replies: 5
Views: 330

Re: Help with Roth IRA contribution withdrawal schedule

Thanks for the reply, that is helpful. You can only withdraw your direct contributions to Roth IRA without penalty or tax unless your Roth IRA is "qualified". If the $10k got in there by some other method, there could be both taxes and penalty on that first $10k. Let's say $5,000 of contri...
by Ed_Sandwich
Mon Mar 20, 2017 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Roth IRA contribution withdrawal schedule
Replies: 5
Views: 330

Help with Roth IRA contribution withdrawal schedule

Please forgive the relatively basic question: Let's say I have a Roth IRA with Vanguard with $10k contributed, and $15k balance. Due to an unforeseen circumstance I will be cash flow negative for the next 10 months, and need access to an extra $1k per month. Should I sell $1,000 worth of shares each...

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