by Answerbag Staff on February 3rd, 2010

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At what age can you withdraw money from an ira without a tax penalty?

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by Lexa W. Lee on February 3rd, 2010

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You can normally withdraw money from a traditional IRA without a penalty after the age of 59-1/2, according to IRS Pubication 590. You can withdraw the amount of your original contributions at any time without penalty from a ROTH IRA, since you already paid tax on them. However, earnings on those contributions cannot be withdrawn tax-free until you are 59-1/2.
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The Motley Fool: All About IRAs
IRS: Traditional IRAs
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At what age can you withdraw money from an ira without a tax penalty?

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