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Author: 1000101 Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121182  
Subject: Re: No tax on returned Roth Contributions? Date: 3/12/2003 5:53 PM
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I am in the same situation, I withdrew $1000 of original Roth contributions, thinking it would have no tax consequences, mainly going on the following Fool article:

http://www.fool.com/ira/rothvreg.htm?ref=mp
Choose a Roth IRA if you can do without the tax break right now. It's a more flexible instrument, because:

It allows you to withdraw your contributions at any time, penalty- and tax-free.

So thanks Motley Fool, real money saving investment advice. I now owe $100 and must file an admended return due to this dangerously false advice.
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