And does it multiply while it’s invested in the Roth IRA?
8 points
You can take the principle out without penalty. Profits need to wait until 59 1/2 to be penalty free.
https://www.your-roth-ira.com/withdrawing-roth-ira-principal.html
6 points
12 points
Money in an IRA doesn’t automatically “multiply” as you say. You’d need to invest your contributions into something, like a stock or mutual fund
1 point
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13 points
Overview is here https://www.irs.gov/retirement-plans/roth-iras , but generally 59 and 1/2 is when you can start taking distributions without penalty.
4 points
