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Re: Mrfresh post# 150283

Wednesday, 10/17/2018 4:21:41 PM

Wednesday, October 17, 2018 4:21:41 PM

Post# of 426862
Mrfresh, It is my understanding that in order for the withdrawal to be tax free it has to remain in the Roth IRA five years. Otherwise, the withdrawal is taxed. I think, as ordinary income but could be wrong on that part. I have been mulling over something similar, but before doing anything, I will seek the advice of my tax man.
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