Suze School: Revisiting The Five Year Rule For Roth Retirement Accounts
Suze Orman's Women & Money (And Everyone Smart Enough To Listen)
How to Open a Roth IRA
All three Roth IRAs, even though they were opened at different times because you opened up one five tax years ago or more, all three are deemed to be opened up five years ago. If you just wanted to take out your contributions, you can do that at any time without penalties or taxes regardless of how long the accounts have been open. So that's why it's important again that you open up a Roth IRA as soon as you can to start the five year tax clock going.
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