Early withdrawl of funds from a roth ira before 59 12 years, Financial Management

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Early withdrawl of funds from a roth ira before 59 12 years

Early withdrawl of funds from a Roth IRA (before 59 1/2 years old, no exceptions apply) results in a 10% tax penalty on which of the following?

A. Contributions only

B. Earnings only

C. Both contributions and earnings

D. Neither contributions nor earnings

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Financial Management: Early withdrawl of funds from a roth ira before 59 12 years

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Financial Management: Early withdrawl of funds from a roth ira before 59 12 years

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