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Financial Planning / Tax Strategies


Subject:  Re: Roth IRA early distribution penalty Date:  2/4/2013  3:28 PM
Author:  JimA759s Number:  117625 of 127745

I believe that you can always withdraw the contribution amount from your Roth IRA; so perhaps the J code indicated it was a withdrawal of the individuals contribution? And, of course, if he is over 59.5 and the plan was more than 5 years in existence he should be able to withdraw any amount tax free.

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