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Subject:  Re: Cheating the 59 1/2 rule? Date:  2/1/2012  1:57 PM
Author:  ptheland Number:  70074 of 88520

Net result is a $10,000 withdrawal from the traditional IRA with no penalty.

Sorry, no. Thanks for playing.

Each conversion to a Roth has to be held in the Roth for 5 years or the 10% early withdrawal will apply.

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