InvestorsHub Logo
Followers 14
Posts 1022
Boards Moderated 0
Alias Born 11/11/2006

Re: November61 post# 13757

Friday, 12/08/2006 9:35:45 PM

Friday, December 08, 2006 9:35:45 PM

Post# of 63795
Not on a Roth. You pay taxes on your contributions, so the distributions are Federal tax free. I don't know how states handle it. I'll let you know in a couple of years.

Traditional IRAs work the way you described.

Dino