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.
Another Roth IRA advantage is you can withdraw your contributions anytime, without penalty (but not your earnings). For example, if you add $5,000 of your own money to a Roth IRA and your investments earn $6,000, you can withdraw up to $5,000 â the amount you put in.This can be really important, especially if you need to access that money in the event of an emergency. The case is not the same for a 401(k).here is one trade-off. Unlike a 401(k) or traditional IRA, which is taken out of a paycheck before taxes, a Roth IRA is funded with after-tax contributions. So, unlike a 401(k), you donât have the advantage of lowering your taxable income. There are limits to how much money you can contribute to a Roth IRA.