Taxes on Roth IRA Withdrawals

As Bill Bischoff notes, “If you own a Roth IRA, you may be under the impression that withdrawals are always income-tax-free. Not true. Even worse, some withdrawals can be socked with a 10% penalty on top of the income tax bill. Here’s what you need to know if you took some Roth withdrawals last year.”  Read the full article. >>