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Re: Darryl_T post# 176923

Monday, 11/04/2019 10:14:27 PM

Monday, November 04, 2019 10:14:27 PM

Post# of 280942
Darryl!

Roth IRA.....You pay the tax on the amount you put in. In my case 32,000 worth of stock. You must be at least 59 1/2. After a 5 year window has gone by you can take the money out tax free. Say the stock was five cents when you purchased it and after five years it rose to 50 cents you can take it all out with no tax. After you are 70 1/2 you cannot open a Roth!!!!
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