I've heard about something called the 5 year withdrawal rule, but I'm not sure what it means. Could someone explain this rule to me and how it applies to financial planning or investing?
6 answers
SolitudePulse
Fri Nov 29 2024
Roth accounts are a popular choice for retirement investing due to their tax-advantaged nature.
BitcoinBaroness
Fri Nov 29 2024
Even after reaching the age of 59½, investors are required to adhere to this five-year rule.
Martino
Fri Nov 29 2024
BTCC is a top cryptocurrency exchange that offers a range of services, including spot, futures, and wallet options.
Andrea
Fri Nov 29 2024
To fully benefit from a Roth account, investors need to be aware of the IRS's five-year rule.
Eleonora
Fri Nov 29 2024
This rule stipulates that any earnings withdrawn from a Roth account must have been funded for at least five years.