Because Roth IRA contributions are made with after-tax dollars, you can withdraw the contributions tax and penalty free at any time. That's the simple part. But the beauty of a Roth is that the earnings can also be tax and penalty free. And that's where things can get more complicated.
The IRS makes a distinction between what they call qualified and nonqualifieddistributions. According to the 5-year rule, for a distribution to be qualified, or not taxable or subject to penalty, you have to have held your Roth IRA for a period of five tax years, and meet one of the following conditions:
You must be at least 59½, or You use the money to pay for a first-time home ($10,000 lifetime cap), or You become disabled, or The distribution is made to a beneficiary or to your estate after you die.
Here are a couple of sample scenarios:
Qualified distribution—Let's say you opened a Roth IRA in 2005 and have made yearly contributions amounting to $50,000. With your earnings, your account is now worth $54,000. Let's also say you turned 59½ in 2016. Because you meet both the 5-year holding period and the age qualifications, you won't owe any taxes or penalties. Nonqualified distribution—Now let's say you're only 45 (and you're not disabled or buying a first house). In this case, you'll be taxed on the $4,000 in earnings at your ordinary income tax rate. But that's not all. Because you're under 59½, and you don't meet the other conditions, you might also have to pay a 10 percent early withdrawal penalty on your earnings. I say might because, as with all rules, there are exceptions. The exceptions
In general, if you withdraw money from your Roth IRA before you've met the 5-year holding period and/or before you reach 59½, not only is the earnings portion of the distribution taxable, but you could be subject to a 10 percent penalty on those earnings unless the distribution is used for one of the following exceptions:
Qualified higher education expenses for yourself and/or eligible family members, Unreimbursed medical expenses that exceed 7½ percent of your adjusted gross income, or Health insurance premiums if you're unemployed.
You can also avoid the 10 percent penalty if the distribution is:
Made in substantially equal periodic payments over the period of your life expectancy, or Due to an IRS levy of the qualified plan.
One factor in your favor is that the IRS also has rules about the order in which funds are taken out. Withdrawals are considered to first come from contributions (which are not subject to any holding period), then from Roth conversions, and lastly from earnings. So how much you're withdrawing and what percentage comes from earnings will also determine the extent of any taxes and penalties.
房贷还清了，买出租房的话估计拿不到一分资助。所以以往把多余的现金存入roth帐户里。可最近我的一个搞金融的朋友提醒我，59.5岁以前，取出本金也得10%的罚款。现在不知道如何能多存些应急备用的钱？上有老下有下的。
🔥 最新回帖
有时担心和LD同时被炒了，就没钱付学费了。
🛋️ 沙发板凳
怎么融洽同子女的关系?
·不要监控孩子的电话，尊重其隐私权。
·对孩子的朋友要和蔼可亲，但不要同他们过于亲近。不要侵入他（她）的天地。
·不要在他人面前夸奖孩子，这样会使其尴尬。
·不要在他人面前批评或斥责孩子。如果必须要这样做的话，应该在无人的时候。
·母亲在他人面前要注意服饰。母亲的形象不整洁，孩子会感到羞耻。
·如果你的孩子参加学校的演出，他（她）在舞台上时你不要打手势，这样会令他（她）紧张，甚至出错。
·孩子和你一起坐自己家的车出门时，不要把汽车收音机调到你所喜爱的频道。让孩子挑选电台，但可要求他调低音量。
·在子女需要帮助时要给予帮助，但要注意方法。
·子女在一定的阶段就像需要食品一样需要爱抚，但是爱抚要适可而止，不要在公开场合这样做，更不要在朋友面前这样做。
·不要让你的孩子在外人面前表现他的“本事”，如朗诵、唱歌、跳舞或弹钢琴。如果你为他的本领自豪并希望让人家看到，那就对他提出请求。如果父母坚持让他们在外人面前表现本领，有的孩子会感觉自己像马戏团的猴子。
·不要向他的朋友和亲属讲他的怪癖，尤其不要当他的面前。任何孩子都不愿意别人知道自己的隐私。
·不要让他失去对你的信赖。他向你透露的秘密，你不要告诉别人。你一定要完全尊重他的意愿。
·在他面前不要说谎。他看到自己的父母说谎或弄虚作假，就会感觉不好。例如，父母在某人背后说坏话，而当面又装出热情的样子，孩子就会反感。
下页：父母教育是家庭教育成败的关键
这点儿余钱还藏？ 让付全款的没有余钱的上哪儿说理去？LOL
下一年的FAFSA申請表又快要出來了
今天心情好，说一招。
房贷还完了正好弄一个Equity Line，当着救急钱用。这样银行可以清零了LOL
所以你們有藉口可以買更多包包了
大部分還是股票 基金這些吧
以前的想法，坚决不存一分退休金。现在老了，想法也变了，最近几年才每年存满退休金。
Equity line借的，房子上就成了贷款，房子上的总数不变。
借的钱作啥用了我没看见那张表要填。倒是可以在最后说明的时候“哭穷”--老人健康需要。
就是那两万的相应EFC也就是一千块可以躲开。费这么大劲也省不了钱，何况还要交两万的应急利息。
https://www.rothira.com/what-is-a-backdoor-roth-ira
这些做法好像都不太走正道的感觉
不过，我倒是不在乎多付那1200，我喜欢简单。
尽管掌握着家里的财政大权。
自住房不计算在资产内 IRA也不考虑
银行的人也是这么说的。
假设把两万放进了Roth或其它任何退休账户，她继续钱，从Equity借两万用了。下一年填FAFSA，这两万放Roth的资产就不算资产了；房子上的equity就因为有了贷款少两万。。。就是麻烦一点，大约省1200，值不值，各人的标准不一样。
实话，我都是提前一年准备儿子需要的学费的。算那么精准，我就没时间喝酒了，LOL.
这个你也不能完全blame别人--具体的还得自己研究的。我不准备这么干，我就只大致看一下，需要的时候再研究。
这里来问问题的，往往就是一个特定的问题，不会讲全部家底的。所以，只能针对具体问题回答。
The basic rules
Because Roth IRA contributions are made with after-tax dollars, you can withdraw the contributions tax and penalty free at any time. That's the simple part. But the beauty of a Roth is that the earnings can also be tax and penalty free. And that's where things can get more complicated.
The IRS makes a distinction between what they call qualified and nonqualifieddistributions. According to the 5-year rule, for a distribution to be qualified, or not taxable or subject to penalty, you have to have held your Roth IRA for a period of five tax years, and meet one of the following conditions:
You must be at least 59½, or You use the money to pay for a first-time home ($10,000 lifetime cap), or You become disabled, or The distribution is made to a beneficiary or to your estate after you die.Here are a couple of sample scenarios:
Qualified distribution—Let's say you opened a Roth IRA in 2005 and have made yearly contributions amounting to $50,000. With your earnings, your account is now worth $54,000. Let's also say you turned 59½ in 2016. Because you meet both the 5-year holding period and the age qualifications, you won't owe any taxes or penalties. Nonqualified distribution—Now let's say you're only 45 (and you're not disabled or buying a first house). In this case, you'll be taxed on the $4,000 in earnings at your ordinary income tax rate. But that's not all. Because you're under 59½, and you don't meet the other conditions, you might also have to pay a 10 percent early withdrawal penalty on your earnings. I say might because, as with all rules, there are exceptions. The exceptionsIn general, if you withdraw money from your Roth IRA before you've met the 5-year holding period and/or before you reach 59½, not only is the earnings portion of the distribution taxable, but you could be subject to a 10 percent penalty on those earnings unless the distribution is used for one of the following exceptions:
Qualified higher education expenses for yourself and/or eligible family members, Unreimbursed medical expenses that exceed 7½ percent of your adjusted gross income, or Health insurance premiums if you're unemployed.You can also avoid the 10 percent penalty if the distribution is:
Made in substantially equal periodic payments over the period of your life expectancy, or Due to an IRS levy of the qualified plan.One factor in your favor is that the IRS also has rules about the order in which funds are taken out. Withdrawals are considered to first come from contributions (which are not subject to any holding period), then from Roth conversions, and lastly from earnings. So how much you're withdrawing and what percentage comes from earnings will also determine the extent of any taxes and penalties.