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.
According to IRS Publication 590, when you take a non-qualified Roth IRA withdrawal, you first remove all of your contributions. For example, if you have a Roth IRA containing $35,000 of contributions and $10,000 of earnings, you can withdraw up to $35,000 tax-free and penalty-free any time you want.