<<Roy,Have I been asleep or did you not say in a number of other postings that the 5 year window starts with the first Roth IRA that is established? The way the law was originally drafted, converted IRA's were treated differently from contributory IRA's but that law was changed to start the 5 year clock at the first Roth IRA contribution or conversion. In this case, a contributory IRA was established in 1998, so all withdrawals after Dec 31, 2003 should be qualifying.>>Yo!!! Dave!!!YOU DA MAN!!!Great catch!! My mind drifted into the OLD rules when I was answering the question. I even wrote an article in the Taxes FAQ about this very subject, hoping to pound it into my brain. Obviously without success. You are absolutely correct. The five tax year period will begin to run in the tax year that EITHER a contribution or conversion is made. Thanks for taking the time to make the correction. This points out two very important points:1. NEVER use the advice you read in this folder as the "last word" to any tax issue or problem. Us it as a starting point to determine YOUR issues and YOUR answers. I can only hope that the person who left the original post took the time to check back and read David's correction. If not, he's runnin' around with some bad information. We all try to do the best that we can...but at times we simply screw up or have a "senior moment". So don't take anything for fact until you check it out yourself. 2. There are enough folks who participate in the folder that will not allow bonehead answers (like the one that I gave) to stand for very long. Which is what makes this folder so appealing. Again...thanks a million, Dave. Your input is appreciated.TMF TaxesRoy
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