Airports, heliports and other landing facilities located in Stockton: 1  Stockton Metropolitan Airport (Runways: 3, Commercial Ops: 450, Air Taxi Ops: 686, Itinerant Ops: 39,785, Local Ops: 17,409, Military Ops: 2,996).
ROTH IRA. There are no penalties on withdrawals of Roth IRA contributions. But there's a 10% federal penalty tax on withdrawals of earnings. Exceptions to the penalty tax. TRADITIONAL IRA. With a traditional IRA, there's a 10% federal penalty tax on withdrawals of both contributions and earnings.
Contributions are with after-tax dollars, and distributions during retirement are free from tax. One of the most significant differences between a Roth IRA and a Roth 401(k) is that your income can disqualify you from opening a Roth IRA.