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Author: nevergonnagetit Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121445  
Subject: Roth IRA Date: 3/15/2000 1:54 PM
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Well, ask a stupid question. I'm trying to understand
about Roth IRAs as they have to do with retired people.
I ask this yesterday and did not make myself
understood. So I'll try again a different way.

Can I transfer $18,000 in stock certificates out of my
company 401K plan as stock certificates, to a Roth IRA,
paying the required taxes of appox. $2,700 now. Then,
leaving it at least 5 years, get the appreciation,
considering it does go up, tax free?

Could I also contribute an additional $2,000 each year
here after? Or, is it true as I've been told, retired
people cannot have a Roth IRA?

Sorry, I forgot to mention I am retired.
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