I am 62 years old and have had my Roth IRA account for around 15 years. I am looking to buy a home and need what little money I have in my IRA for a down payment. How do I get the money and do I have to pay taxes on it?
Yes, you will be able to withdraw funds from your Roth IRA without any taxes.
Simply call your IRA custodian and request a check. You also may be able to have funds sent directly to your bank if they allow an electronic fund transfer (EFT).