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02-15-2017 11:40 AM ronaldo9

taxed or untaxed depending on the type of account you set up

02-15-2017 11:40 AM IrocRob

Then you are taxed on withdrawal, presumably at a lower rate, during retirement.

02-15-2017 11:39 AM ronaldo9

the govt writes you a check ?

02-15-2017 11:39 AM IrocRob

The big benefit I think is that you earn compound interest on all the money, for a long time.

02-15-2017 11:39 AM ronaldo9

no it wasnt about the taxes my question was how do you get the money

02-15-2017 11:38 AM Mike295

i dont know the tax laws dude hahaha

02-15-2017 11:38 AM Mike295

if it was taxed already then not necessarily

02-15-2017 11:38 AM Mike295

if its in a non taxed account you will get taxed on the withdrawal

02-15-2017 11:37 AM ronaldo9

so let's say im 65 and retired and ahve 1million in retirment does that 1 million go to my bank or the govt gives checks until i die

02-15-2017 11:37 AM Mike295

its all reletive i think there are other options in roths tsuch as early withdrawal. but i am not an expert

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