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goookologist OP t1_iyahzwi wrote

Reply to comment by zwzwzw19 in Investing more in taxable brokerage than retirement accounts by goookologist

Can you explain this a bit more? I thought with accounts like roth IRAs you could only withdraw the principle penalty free not the growth.

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zwzwzw19 t1_iyais8w wrote

That is correct with Roth. You can access contribution money, therefore it’s partially accessible prior to normal retirement age. For 401k and IRA you can either pursue a SEPP 72t plan or a Roth Conversion to access the money early and still gain some or all of the tax advantages depending on your strategy and tax bracket.

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