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Old 06-10-2005, 02:36 PM
James Boston James Boston is offline
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Join Date: Oct 2003
Location: Alabama
Posts: 314
Default Re: A Roth IRA won\'t work...

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You can pull that money back out without getting taxed.

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Correct, but you owe taxes on the gains. Bottom line, you can't get ALL the money out of a ROTH before you're old enough without paying some taxes. If you wait, you pay none.
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