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Author: WPatch Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 77129  
Subject: Re: Roth rollovers post retirement Date: 4/23/2012 5:11 PM
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"i'm no expert but --

• think it's right that after 59.5 years, you can take everything from Roth"

Only after 2014 is over. Before then he can only withdraw the first
$300,000. Rest would be taxable income at ordinary rate.

"• think that if you're not yet 59.5 AND the Roth didn't exist before 2010, you can withdraw everything in 2015 (penalties if 'sooner')"

Before 2015 this is still not a qualified distribution. Excess over
$300,000 conversion amount still taxable. Penalties may apply to total

In 2015, withdrawal would be qualified if requirements for disability
are met. Otherwise, the first $100,000 conversion may be withdrawn
without penalty and earnings would be taxable.

In 2016 and 2017, an additional $100,000 per year may be withdrawn
without penalty.
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