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.
When you withdraw funds early from a traditional IRA due to a disability, the IRS waives the 10 percent penalty. However, money taken out of a traditional IRA is still subject to ordinary income taxes.You must report the withdrawal on your tax return and pay taxes due for the year the withdrawal is made.nqualified Roth Withdrawals. If you make a disability withdrawal from a Roth IRA before the account is five years old, the IRS still waives the 10 percent penalty. However, the money you take out might be subject to income taxes.