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.
Roth IRA. Since you don't deduct contributions to a Roth IRA as you do to a traditional IRA, you can always withdraw your contributions tax-free and penalty-free. You'll pay taxes and the same 10 percent penalty on the amount of your early withdrawal that comes from investment income, since that wasn't taxed before.