Once you put money into an ira can you get it out in

the case of an emergency?
      Answer1:What kind of emergency? depending on the emergency there maybe exemptions to penalties the IRS has set up. To answer your question typically yes you can withdrawal but there are some exceptions depending on the type of IRA, the investment you picked and the fees the company may charge, it may not be worth it? Call the company you have the IRA with and ask if you did withdrawal what are the fees, taxes and pentalities (ask if any exceptions). Also ask if these are the same for a partial withdrawl, the reason for this question is there maybe fees for closing the account but if you just leave maybe $5 there you are not closing the account hense not a closing fee. Companys sometimes allow this in the hopes you will put money back into the account in the future.
      Answer2:If you put your money in a Roth IRA, then you can withdraw the money you put in (but not the earnings) at any time for any reason, and there will be no taxes or penalties. The reason for this is that you contribute to a Roth IRA with post-tax dollars. In other words, you have already paid taxes on the money you put in a Roth, so you have no penalties for taking it out.If you put the money in a traditional IRA, you get a tax deduction (if you qualify for a deductible IRA) but there are only limited circumstances in which you can take the money out without a penalty. Some of the exceptions are for medical expenses that exceed 7.5% of your income, for the purchase of a first home, for higher education expenses, or for substantially equal periodic payments based on your life expectancy. You still have to pay taxes on what you withdraw from a traditional IRA.In any case, you can get the money out of either IRA. The tax treatment will vary depending on the IRA.