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Subject:  Re: Is Roth IRA good if only eligible 2 tax year Date:  2/5/2004  5:10 PM
Author:  2old4bs Number:  38947 of 81362

The 5 yr rule only applies to conversions--not contributions. So if you contribute to a Roth, you can take that principal amount at any time without any penalty or tax.

Thanks for the clarification--I forgot that. (So it's even better!)


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