ABOUT WHAT IS A RETIREMENT ANNUITY PLAN

For anyone who is older than fifty nine½ but haven't met the five-12 months holding necessity, your earnings can be topic to taxes but not penalties. Note that the first contribution to any Roth IRA commences the 5-year holding period of time for all your Roth IRAs. Talk to IRS guidelines before contributing to or withdrawing cash from a Roth IRA.