No. of Recommendations: 0
Sorry for the double post, but I was noticing Wxman's comments about withdrawing Roth IRA contributions.

I believe you can always withdrawl Roth IRA contributions with no penalty as long as they've been in there for at least 5 years (See the Top 10 Roth IRA questions -answer number 6 - by following my previously posted link). It doesn't matter what you withdrawl them for. It's when you start dipping into the earnings on those contributions where you get into trouble, and where some withdrawl EXCEPTIONS apply (like being able to withdrawl some of it for a first time home purchase, higher learning, etc). Again, go to the link in my previous post for more IRA info.
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement