can you take money from a roth ira without penalty
If you wait until after the five-tax-year period to withdraw money from a Roth IRA, the 10% penalty won't be imposed, even if you aren't yet 59 1/2 and don't meet any other exception to the penalty.nless an exception applies, most distributions from a Roth IRA before the owner reaches age 59 1/2 will be subject to an early withdrawal penalty of 10% on the amount of the distribution.