I know for the I-864 that only money that is accessible within a year may be counted as assets. I have a Roth IRA, but I'm not sure whether I can count it or not. I'm 29, so if I withdrew money from the account at this point, it'd be taxed heavily. Anyone know the answer to this question? I'm sure the answer's already here somewhere, but I have been unable to find it in the searches I've done.

Thanks,
Mary

The short answer is "Yes".

Worst case scenario: simply subtract the amount you would be taxed based on your tax bracket (consult your tax advisor), and subtract the amount of the early withdrawal penalty (consult your IRA trustee). This leaves you with the amount that is readily accessible.

Dittos to Looking4Wife. You CAN acess the money. It wouldn't be the best move in the world, but it CAN become liquid.

I used my ROTH and traditional IRA as assets.

Looking4Wife,

And when doing that tax calculation, remember that your contributions to a Roth IRA are after tax.

Yodrak

Good point, Yodrak!

I don't know if the IRS imposes taxes as an additional penalty or not for early witdrawal (in addition to the normal early withdrawal penalties)? Theoretically, they may not have any tax bite at all on the Roth?

Hence the need to consult their tax advisor...