I am a disabled veteran and I need to liquidate my IRA in order to make some ends meet. Does it matter, in regards to fees and taxes, if I close the account all at once or withdraw my initial deposits first? The account is over 5 years old, I understand I may withdraw any deposits without tax or penalty, as that money has already been taxed, but if it's lumped in with the earned interest when I withdraw everything from the account does it get hit with any additional fee?
Please advise as to the smartest, cheapest way to close a Roth IRA early. Thanks for your time.