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Greetings, StevenKing, and welcome. You asked:

<<Last year I place $2,000 into a Roth IRA. This money was NOT converted from a traditional IRA. Now I want to withdraw $1,000 of that money.

I've read here on the Motley Fool Board that I should be able to withdraw up to my original $2,000 penalty and tax-free. However, Waterhouse Securities (where my Roth IRA money is held) does not agree. Who's right and what can I do? >>

You made an annual contribution to a Roth IRA. That contribution may be removed from that IRA by you at any time without penalty or taxes. Obviously, whoever thinks otherwise at your broker is incorrect. Demand to speak to a supervisor if you continue to receive that inane reply from the clerical staff.

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