amalia1
New Member

Retirement tax questions

"You can always withdraw contributions (but not earnings) that you made to your Roth IRA tax and penalty-free at any time. "

 

This is not a true statement if there are qualifications for this:  I took out ONLY what I contributed to my Roth and now because of these qualifications I'm being taxed.

 

A qualified distribution vs non-qualified distribution---  What is this statement about? What makes it qualified?