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| Subject: Re: Another Roth aspect... | Date: 1/14/1998 4:08 PM | |
| Author: tjchrist | Number: 1304 of 87997 | |
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As I understand it (and I may be wrong), you don't need to wait five years to take out your contributions (only your returns). And I have read that this is a "glitch" in the laws regarding Roth IRA's--being able to convert a traditional IRA into a Roth as a contribution and then being able to take out the money right away--and also that the government is in the process of "fixing" this glitch, whatever that means. Hopefully I have not spewed forth incorrect info, if I am wrong then someone please straighten me out! - TJC |
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