The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: roth withdrawl Date:  4/30/1999  4:51 PM
Author:  TheOthermfa Number:  10256 of 88511

I hesitate to ask this, knowing how the IRS thinks, but what about earnings/gains in a mixed conversion/contribution account? If you converted, e.g., $2,000, and contributed $2,000, and found the account to be worth $8,000 one year later, how much could you withdraw without penalty? What if the two components and their gains could be specifically identified?
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us