Foods that are forbidden in the Bible, such as pork, are to be avoided, as are all processed foods including refined white flour and sugar. What Would Jesus Eat is not a diet in the traditional sense but rather involves making a change in the way you approach your eating habits.
If you take a qualified withdrawal from your Roth IRA, you won't pay any taxes or penalties on your cash-out. To take a qualified withdrawal, you must be at least 59 1/2 years old, permanently disabled or taking out a maximum of $10,000 to buy a first home. In addition, the Roth IRA must have been open for at least five years, counted from January 1 of the tax year you made your first contribution.
Before we look at the reasons people cash out of their IRAs early, let's explain the basic difference between a traditional and a Roth IRA. It has to with when you are taxed.With a traditional IRA, your contributions to the account are not taxed. But any money you withdraw after age 59 Â½ is taxed as income. A Roth IRA is the exact opposite. You pay income tax on contributions, but you can withdraw money tax-free.