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URL:  http://boards.fool.com/yes-it-is-legal-as-long-as-you-had-3500-in-21389779.aspx

Subject:  Re: Question about funding a Roth IRA Date:  10/1/2004  6:56 PM
Author:  buzman Number:  42545 of 76082

Yes it is legal. As long as you had $3500 in earned income.

Yes it makes sense. The funds in the taxable account will generate taxable income. Qualified withdrawals from a Roth will not, nor do earnings on funds inside a Roth.

buzman


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