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Financial Planning / Tax Strategies


Subject:  Roth IRA growth? Date:  4/16/2000  11:46 PM
Author:  oreck Number:  34502 of 127846

Hellow There,
How are you today,
I have just one question to ask
and it is this:

If the owner of a Roth IRA opened up in 1998 dies and the account accumulates 15% yearly and the beneficiary never had an IRA before, can the beneficiary let the fund continue to grow and take out a lump sum when he/she reaches the age of 60yrs? Given that the original owner never made withdrawls during his lifetime?

P.S. You are correct about my FL post, I will look elsewhere for information on that, sorry about posting it here.
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