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Updated over 4 years ago on .

User Stats

127
Posts
12
Votes
Armand P.
  • New to Real Estate
  • San Mateo, CA
12
Votes |
127
Posts

Roth IRA taxes and withdrawal

Armand P.
  • New to Real Estate
  • San Mateo, CA
Posted

Hello BP,

If your 59.5 and have meet the 5 year requirement of having Roth IRA account open. Are you able to start withdrawaling tax free? To my knowledge there is a state income tax for California residence does any one know what it is or how to find it?

Does the IRS care what you do with the funds? 

Thanks 

Armand