The beauty of a Roth IRA is simple: pay the taxes now, enjoy tax-free income later. But when it’s time to withdraw your money, the rules can get tricky, and mistakes can cost you. In this video, Peter with Richon Planning and Erin Kennedy break down the five key steps to keep your Roth distributions tax-free, including:
✅ Follow the IRS ordering rules
✅ Remember: contributions are always tax- and penalty-free
⚠️ Watch for the 10% penalty on converted funds
📆 Understand when earnings qualify for tax-free treatment
⏰ Know how the five-year clock really works
🎥 Watch the full conversation to make sure your Roth IRA works the way it’s meant to… tax-free. And if you have any questions about creating tax-free income in retirement, please reach out to Peter by calling (919) 300-5886 or visit www.RichonPlanning.com to schedule a complimentary appointment.
