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Author: TMFPMarti Big funky green star, 20000 posts Home Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121182  
Subject: Re: early Roth distributions Date: 4/25/2005 5:32 PM
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I have a need to consider the option of dipping into my Roth IRA for a business expense that wouldn't qualify as one of the allowable conditions for early withdrawal without a penalty. I remember reading somewhere that it is possible to take money out of a Roth temporarily in certain situations, provided the money was put back in within a certain time, and that the money didn't represent the actual contributions, etc. Was that information correct, and if so what are the conditions for doing this?

Download a copy of IRS Publication 590 from www.irs.gov and digest the information on rollovers and nonqualified distributions from Roth IRAs. That will give you a foundation for asking specific questions if it doesn't anwer all you have.

Phil
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