Question on plan to sell Tesla and pay off credit card

[Daisyedwards800]

By Tesla I mean Tesla stock.  I bought 6 shares awhile ago within my Roth IRA and have made some money on it.  I have about $7200 in my Roth now, and I've had the Roth for many years so I can take out the earnings tax-free.  I have about $332,000 in my pre-tax investments.  I was thinking of selling the 6 shares in my Roth, using the $7200 to pay off my high-interest credit card debt (I have an additional $2000 to finish that off) and then buying the 6 shares back at the same price (or hopefully less) within my pre-tax investments.  It's a small piece of the pie and I enjoy following the company.

My credit card interest rates are between 14% and 22%.

[dandarc]

Not really enough info here, however I'll note this:

Says in another post you're around 35 years old (will be 45 in 2028). So this would not be a qualified withdrawal from your Roth IRA. You can withdraw any regular contributions at any time, but you'll owe tax and penalty on the earnings if you do this for the whole amount of the Roth IRA in all probability.

[Daisyedwards800]

Thanks I figured I was missing something!

[dandarc]

I'd still sell the TSLA, but then I don't invest in individual stocks.

So if I somehow found myself in this situation (maybe I became aware of a long-forgotten brokerage account or this was an inheritance or something). that's what I'd do regardless of whether I was withdrawing or not or what company it was.