Report Abuse. 1  Holy Moly Origin. 2  Holy Moly Meaning. 3  Mole pronounced moly is a type of sauce originating from Mexico.  It started in my young life in the 1940 s when we were interested in reading Captain Marvel Comics.
If you are over 59Â½, you may withdraw as much as you want so long as your Roth IRA has been open for at least 5 years. If you are under 59Â½, you may withdraw the exact amount of your Roth IRA contributions with no penalties. There are special exemptions for first-time home purchase and college expenses.
The tax and penalty situation is based on order-of-withdrawal rules. When you withdraw money from a Roth IRA, your contributions are counted first, then the conversions, and finally, the earnings.As you mentioned, you can take your contributions tax-free and penalty-free at any time.hen you withdraw money from a Roth IRA, your contributions are counted first, then the conversions, and finally, the earnings. As you mentioned, you can take your contributions tax-free and penalty-free at any time.