Yes. Unlike Traditional IRA, Roth IRA is after-tax, it can be withdrew anytime. But only for the part you invested, not the capital gain.

I'm not qualified to contribute to Traditional IRA due to income limitation. If you can, of course contribute to Traditional IRA first to get the tax benefit.

Same to you.
[url=http://money.usnews.com/money/blogs/the-smarter-mutual-fund-investor/2012/08/06/can-a-roth-ira-be-your-emergency-fund]http://money.usnews.com/money/blogs/the-smarter-mutual-fund-investor/2012/08/06/can-a-roth-ira-be-your-emergency-fund[/url]


[url=http://www.investopedia.com/articles/personal-finance/040714/how-use-your-roth-ira-emergency-fund.asp]http://www.investopedia.com/articles/personal-finance/040714/how-use-your-roth-ira-emergency-fund.asp[/url]