Does A Roth IRA Withdrawal Count As Income?

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   David G. Pipes, CLU®, RICP®

   Business Development Officer, T.D. McNeil Insurance Services, Fresno, California

   For tax information you should contact a Certified Public Accountant.  However, a portion of the withdrawal from a Roth IRA can be taxed if taken prior to age 59.5.  The amount that you have put into the plan will be returned to you without any income tax consequences.  Earnings could be taxed based upon your age at the time the money is withdrawn.

   Answered on July 9, 2014

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