Cryptocurrency Q&A What is the 5 year withdrawal rule?

What is the 5 year withdrawal rule?

Maria Maria Thu Nov 28 2024 | 6 answers 1093
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? What is the 5 year withdrawal rule?

6 answers

SolitudePulse SolitudePulse Fri Nov 29 2024
Roth accounts are a popular choice for retirement investing due to their tax-advantaged nature.

Was this helpful?

141
47
BitcoinBaroness BitcoinBaroness Fri Nov 29 2024
Even after reaching the age of 59½, investors are required to adhere to this five-year rule.

Was this helpful?

183
76
Martino Martino Fri Nov 29 2024
BTCC is a top cryptocurrency exchange that offers a range of services, including spot, futures, and wallet options.

Was this helpful?

344
31
Andrea Andrea Fri Nov 29 2024
To fully benefit from a Roth account, investors need to be aware of the IRS's five-year rule.

Was this helpful?

186
35
Eleonora 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This rule stipulates that any earnings withdrawn from a Roth account must have been funded for at least five years.

Was this helpful?

73
36
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts