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.
You can withdraw Roth IRA contributions at any time without penalty. The earnings on a Roth account, however, are typically subject to taxes and the 10-percent penalty if you are younger than age 59 1/2 or the account has been open for less than five years.