The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Roth IRA growth?||Date: 4/16/2000 11:46 PM|
|Author: oreck||Number: 34502 of 121146|
How are you today,
I have just one question to ask
and it is this:
If the owner of a Roth IRA opened up in 1998 dies and the account accumulates 15% yearly and the beneficiary never had an IRA before, can the beneficiary let the fund continue to grow and take out a lump sum when he/she reaches the age of 60yrs? Given that the original owner never made withdrawls during his lifetime?
P.S. You are correct about my FL post, I will look elsewhere for information on that, sorry about posting it here.
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