The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/depreciated-roth-14131857.aspx

Subject:  Depreciated Roth Date:  1/17/2001  2:07 PM
Author:  truthfinder Number:  27262 of 75383

In August of 1999 I recieved a sizable amount of cash and decided to set up a Roth IRA as well as contribute to my existing SEP IRA. Of course that was when the market peaked for the year. My $2000 Roth is now valued at $1600.

I have heard there are options to "redo" the Roth, where the original investment is somehow nulled and a new investment may be made. Is this true? If so, is it a wise thing to do?

rob
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us