Roth IRA withdrawal guidelines. Roth IRA withdrawal rules: When are withdrawals tax free?Results 21 - 30 of 53 for early distributions from roth ira. Withdrawals of contributions and any earnings from your traditional deferred comp option may be subject to income taxes. How long do I have to roll over a distribution from a retirement plan to an IRA? Contributions can be withdrawn from a Roth IRA at any time without tax implications or withdrawal penalties. One of the primary penalties associated with Roth IRAs is the early withdrawal penalty. Distributions from an IRA, including a federal Roth IRA, are taxable to the extent the distribution exceeds your previously taxed contributions. ROTH contributions may be withdrawn at any age, tax free, but not traditional IRA contributions. Anyone with an earned income can open an IRA as there are no age limits.