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.
You can't borrow from your Roth IRA once the tax year is over, but you can withdraw funds up to the amount of your contributions without any type of penalty. If you invested $2,000 in 2007 and $4,000 in 2008, you can withdraw up to $6,000 without incurring a penalty.