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Can I take money out of (withdraw from) my account if I need to?

You can take your funds out of your myRA at any time. However, interest earned can only be taken out of your account without tax and penalties under certain conditions. Visit myRA.gov/roth-ira to learn more. If you take money out of your account, you can deposit it into your personal checking or savings account or you can have a check mailed to you. If you want to transfer or roll over account funds to a private-sector Roth IRA, open a private-sector Roth IRA account and work with your new provider to move your myRA balance to your new account.