Foods that are forbidden in the Bible, such as pork, are to be avoided, as are all processed foods including refined white flour and sugar. What Would Jesus Eat is not a diet in the traditional sense but rather involves making a change in the way you approach your eating habits.
If you take a qualified withdrawal from your Roth IRA, you won't pay any taxes or penalties on your cash-out. To take a qualified withdrawal, you must be at least 59 1/2 years old, permanently disabled or taking out a maximum of $10,000 to buy a first home. In addition, the Roth IRA must have been open for at least five years, counted from January 1 of the tax year you made your first contribution.
If you own a tax-deferred IRA and took a tax deduction on your contributions to that IRA, you will owe income tax when you take money out of the account, no matter how old you are. If you are between age 59 1/2 and 70 1/2, you wonât incur any penalties on distributions from a tax-deferred IRA. The rules impose penalties for taking money out before age 59 1/2 and for failing to withdraw enough after 70 1/2.