The Ventra app lets you check your Ventra Card's balance, add value or passes, get arrival/departure times and account alerts in a quick and easy-to-use app. You can even use the fare value from your Ventra transit accounts to buy mobile tickets for riding Metra trains right in the app.
If you convert money from another account to a Roth IRA before age 59 1/2, you must wait five years from the date of the conversion to withdraw the converted monies penalty free. If you turn 59 1/2 before five years have passed, you are eligible to take a distribution tax and penalty-free.arnings, however, are another story. You must reach the age of 59 1/2, and your Roth IRA must have been open for five years, before you can take out any earnings with no taxes or penalties. If you withdraw earnings before five years have passed, you will be subject to a 10 percent penalty plus ordinary income tax.
Most people are eligible to convert their 401(k) to a Roth IRA; however, it is important to be aware of the potential tax implications. If you have money in a designated Roth 401(k), you can roll it directly into a Roth IRA without incurring any tax penalties.However, if the 401(k) funds are pre-tax, then converting to a Roth IRA will be a taxable event.f you are under age 59Â½, or if your plan does not have that withdrawal provision, you may be able to withdraw (or roll over) specific types of contributions. For example, if in the past you rolled money directly from an old 401(k) into your current plan, you may be able to move that money out of your plan into an IRA.