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Author: bryanonbass Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121061  
Subject: roth ira early withdrawal. Date: 2/14/2008 3:06 PM
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I amn trying to figure out if I can take out my initial contribution to a Roth IRA that I opened up roughly 2 years ago.

Basically I opened one up and contributed 1000.00 to it. I have not contributed since then so it has not received much interest at all.
Lets say 30.00 or so.

I now need access to this money but I keep reading conflicting things.

according to http://fairmark.com/rothira/distrib.htm
"Regular Contributions
Can be withdrawn at any time with no tax and no penalty. "

So does this mean I can take my initial 1000.00 out and not pay a penalty or be taxed on it?
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