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Subject:  Roth IRA Date:  3/15/2000  1:54 PM
Author:  nevergonnagetit Number:  31799 of 127989

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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