at what age can you take extra money from your ira without penalty
Age 59 and under. You can withdraw contributions you made to your Roth IRA anytime, tax- and penalty-free. However, you may have to pay taxes and penalties on earnings in your Roth IRA. Withdrawals from a Roth IRA you've had less than five years. If you take a distribution of Roth IRA earnings before you reach age 59Â½ and before the account is five years old, the earnings may be subject to taxes and penalties.