The other difference which can be drawn is that illegal is meant for violation of any law made bye legislatures, for instance, violation of traffic rules.But on th ther side, unlawful stands for disobedience to moral and social set of rules along with violatin if laws.he adjectives unlawful and illegal can both mean âcontrary to or forbidden by lawâ, but unlawful has a broader meaning ânot permitted by rulesâ: thus handball in soccer is unlawful, but not illegal. Source(s): askoxford.com. squimberley Â· 10 years ago. Thumbs up.
Roth IRAs come with a special rule: you can withdraw the amount youâve contributed at any time penalty-free and tax-free. The catch is that you have to have proof of how much youâve contributed over the years.
Roth contributions. You can take penalty-free withdrawals from a Roth IRA, if they donât exceed the amount you contributed and the account is at least 5 years old. But the earnings in the Roth IRA donât become tax free until you turn 59 Â½. And if you take money out, youâll have reduced its ability to grow.hatâs why the IRS discourages it with the 10 percent penalty. By withdrawing money early, your retirement portfolio will be much less likely to last for the rest of your life. Investing in both a 401(k) and Roth IRA is still a great way to save, even if you plan to retire early.