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  1. #1
    Verified Companion Companion DallasBella's Avatar
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    Quote Originally Posted by pmdelites View Post
    did you not start an IRA this year (individual recreational / travel account)?
    What does my Roth IRA retirement account have to do with traveling currently ? Funds are not available until you are 60, or buying a house.
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  2. #2
    Verified Hobbyist BCD pmdelites's Avatar
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    Quote Originally Posted by DallasBella View Post
    What does my Roth IRA retirement account have to do with traveling currently ? Funds are not available until you are 60, or buying a house.
    it appears that you have pre-conceived irdeas about certain things.
    openness to ideas as well as travel are very important so one doesnt get all wrapped up in themself and their views of the world.

    in other words, you totally missed the idea behind my comnent.

    good luck in getting strangers to fund you travels.


    btw, generally speaking, you cannot do an early (<59 1/2) withdraw from a roth w/ out paying a penalty.
    however, Roth Individual Retirement Arrangement contributions can always be withdrawn at any time.
    and as long as you take equal distributions for life, you can withdraw at any time.
    https://www.investopedia.com/article.../02/111202.asp
    https://www.forbes.com/sites/davidra...h=4086ad695e8b
    https://money.cnn.com/retirement/gui...mag/index5.htm
    https://www.nerdwallet.com/article/i...ly-withdrawals
    https://www.irs.gov/publications/p590b
    Last edited by pmdelites; 12-28-2021 at 03:09 AM.
    it's always afternoon!!

    have fun out there.

    dont let the negatives get you down.

  3. #3
    Verified Companion Companion DallasBella's Avatar
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    Quote Originally Posted by pmdelites View Post
    it appears that you have pre-conceived irdeas about certain things.
    openness to ideas as well as travel are very important so one doesnt get all wrapped up in themself and their views of the world.

    in other words, you totally missed the idea behind my comnent.

    good luck in getting strangers to fund you travels.


    btw, generally speaking, you cannot do an early (<59 1/2) withdraw from a roth w/ out paying a penalty.
    however, Roth Individual Retirement Arrangement contributions can always be withdrawn at any time.
    and as long as you take equal distributions for life, you can withdraw at any time.
    https://www.investopedia.com/article.../02/111202.asp
    https://www.forbes.com/sites/davidra...h=4086ad695e8b
    https://money.cnn.com/retirement/gui...mag/index5.htm
    https://www.nerdwallet.com/article/i...ly-withdrawals
    https://www.irs.gov/publications/p590b
    Thanks I’m really surprised at the amount people have donated already!

    You still aren’t correct: I can’t touch my IRA until it’s at least five years old anyways. (not without a hefty penalty )

    Happy new year!
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  4. #4
    Verified Hobbyist BCD Crock's Avatar
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    Quote Originally Posted by DallasBella View Post
    Thanks I’m really surprised at the amount people have donated already!

    You still aren’t correct: I can’t touch my IRA until it’s at least five years old anyways. (not without a hefty penalty )

    Happy new year!
    If it's a Roth, you can take amount you've contributed at any time (not that it's a good idea for a vacation, nor can you touch the earnings).

    But, if you make it to Ireland, you should ask the locals for more info on your IRA. I'm sure you'll get some GREAT information!

  5. #5
    Verified Companion Companion DallasBella's Avatar
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    Quote Originally Posted by Crock View Post
    If it's a Roth, you can take amount you've contributed at any time (not that it's a good idea for a vacation, nor can you touch the earnings).

    But, if you make it to Ireland, you should ask the locals for more info on your IRA. I'm sure you'll get some GREAT information!
    If it hasn’t beeen five years, it hasn’t, it will be a 10% fee.
    (Not sure why my retirement account was brought up when I mentioned travel)
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  6. #6
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    Quote Originally Posted by DallasBella View Post
    If it hasn’t beeen five years, it hasn’t, it will be a 10% fee.
    (Not sure why my retirement account was brought up when I mentioned travel)
    you know how miserable some men can be when they see escorts enjoying their life ;)

  7. #7
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    Quote Originally Posted by DallasBella View Post
    If it hasn’t beeen five years, it hasn’t, it will be a 10% fee.
    (Not sure why my retirement account was brought up when I mentioned travel)
    I do believe pm deletes probably had a little sarcasm when he asked if you had not started a recreational travel account and was not specifically reference your Roth IRA

  8. #8
    Verified Hobbyist BCD pmdelites's Avatar
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    Quote Originally Posted by golferguy55 View Post
    I do believe pm deletes probably had a little ((humor and wonder -pmd)) when he asked if you had not started a recreational travel account and was not specifically reference your Roth IRA
    BINGO.

    i mentioned "individual recreational / travel account", never mentioned "retirement" acct.

    as crock mentioned/confirmed roth contributions can be withdrawn at any time (even the irs docs & cited web articles state that).


    karissa, wrt this "... you know how miserable some men can be when they see escorts enjoying their life ;) ..."
    did i ever mention/intimate i was miserable cos someone was enjoying or wanted enjoyment in their life?

    appears to me that there could be some mis-reading and/or incorrect reading between the lines going on...
    it's always afternoon!!

    have fun out there.

    dont let the negatives get you down.

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