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John Hancock Ira Distribution Form

John Hancock Ira Distribution Form

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how to take a Roth IRA distribution hey everyone Adam Bergman tax attorney and founder of Ira financial and on today's video I'm you I'm going to tell you how you can take a Roth IRA distribution [Music] before I get into the process for taking a Roth IRA distribution let me make one point very clear think long and hard before you take a Roth IRA distribution why because a Roth IRA is gold it is the most powerful potential tax planning opportunity from a retirement standpoint why because this so long as you're over 59 and a half and the Roth has been open five years it's an and test 59 and a half and five years all the money you take from a Roth IRA all Roth IRA distributions will be tax free that means no tax no ordinary income no capital gains NADA zilch so you want to preserve that opportunity because a Roth can be passed to a spouse tax-free it can then be passed to children and then your children will have 10 years to pull that money out tax

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