when can you withdraw ira
Restrictions relax at age 59Â½, and you can withdraw from a Roth or traditional IRA penalty-free for the most part. In addition, with a Roth IRA, you'll pay no taxes on withdrawals, provided your account has been open for at least 5 years.*. With a traditional IRA, you'll owe taxes on the withdrawals of all earnings and any contributions you originally deducted from your taxes.