The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: Roth IRA and State Laws Date:  10/9/1998  9:38 AM
Author:  HardlyRich Number:  5954 of 78166

Bob78164 wrote:

Correct me if I'm wrong, but isn't there another option? As I understand the law, what matters is where you live when you take the distribution, not when you deposit the money into the Roth IRA. So if HardlyRich doesn't plan to live in Massachusetts in retirement, he shouldn't concern himself with Massachusetts tax law, but with the law of his intended state of retirement.

And by the way, there's no reason to restrict lobbying on this issue to the state level. If the federal governme