Suze Orman's Women & Money (And Everyone Smart Enough To Listen) The Ultimate Roth Five Year Rule Masterclass
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Sep 14, 2025 Dive into the world of Roth retirement accounts and uncover the two essential five-year rules! Learn how to navigate withdrawals, understand tax implications, and avoid costly mistakes while accessing your funds. Discover the significance of age thresholds and how these rules benefit your financial future. Plus, explore the importance of self-care and smart savings strategies that can transform your financial wellness. Don't miss practical tips and insightful discussions that empower you to make informed decisions!
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Five-Year Rule Targets Earnings Only
- Roth IRAs are funded with after-tax dollars and grow tax-free if rules are met.
- The five-year rule specifically governs earnings, not original contributions.
Withdraw Contributions Anytime
- Do withdraw only your original contributions any time without taxes or penalties.
- Avoid touching earnings until the account has been open five years and you are 59½ to stay tax-free.
Starting A Roth Late Still Requires Waiting
- Suze gives an example of someone who starts contributing at 58 and wants money at 60.
- Contributions are still penalty-free but earnings would be taxable until the Roth has five years and age 59½ is met.