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Ask The Expert: Taxes

Q:
Asked by Brian 10/12/12

I understand Roth contributions are not taxed when withdrawn, but what about the earnings?

Matthew Malone A:
Answered by Matthew Malone 10/24/12
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412 out of 414 people found this useful.

If you withdraw earnings after turning 59 1/2 (and as long as the account has been open for more than five years) you won’t pay taxes with a Roth IRA.

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