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.
For a Roth IRA, you can always withdraw your own contributions tax and penalty-free, and your entire distribution will be tax-free if you've reached age 59 1/2 and had the plan for five years.Otherwise, any amounts attributable to investment income will be taxed and penalized.n addition, if you liquidate before reaching age 59 1/2, you will have to pay an additional 10 percent penalty with certain exceptions.