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4 5 Roth IRAs (Withdrawals): 6 7 Joe Smith has been investing in his Roth IRA for 10 years. 8 Contributions: $50,000 9 Account Value:

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4 5 Roth IRAs (Withdrawals): 6 7 Joe Smith has been investing in his Roth IRA for 10 years. 8 Contributions: $50,000 9 Account Value: $96,000 o Withdrawal: $60,000 1 Age: 55 2 Tax Rate: 24% 3 4 Total Withdrawal 5 Portion from Contributions 6 Portion from Earnings 7 Taxes on Withdrawal 8 Penalty on Withdrawal 9

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