Answer by farnsy for Roth-IRA penalty = effectively lowering short term...
You can take out the contributions to your Roth tax and penalty free. That's the good thing.Anything above the amount you contributed that you withdraw early will cost you ordinary income tax (which is...
View ArticleRoth-IRA penalty = effectively lowering short term capital gains rate to 10%
Although dubbed a penalty, does a Roth-IRA early withdrawal "penalty" effectively lower the short term capital gains rate to 10% instead of linked to your actual income bracket?As the early withdrawal...
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