Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (26) | Ignore Thread Prev | Next
Author: warrl Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5087  
Subject: Re: Limits rising faster than income Date: 8/23/2007 3:53 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
I have to disagree. Qualified SEPP withdrawls are tax free and penalty from a Roth IRA. Your link doesn't discuss SEPP options.

The IRS's link http://www.irs.gov/publications/p590/ch02.html#d0e10379 DOES mention SEPP - but not in the right place to support your claim. SEPP withdrawals from a Roth IRA are usually taxable.

There is an additional 10% tax that can be applied - SEPP withdrawals dodge THAT.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (26) | Ignore Thread Prev | Next

Announcements

Kiddie Card Board
Should kids have their own credit card?
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Saul's Investing Discussions

INBK Q1 2015 Earnings Analysis
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement