Wave Systems Corp. (fka WAVXQ)

[knute97]

xxxxcslewis

You are correct. But my understanding is that the Roth holding period is 5 years. If I'm correct, then my money is locked up for 5 years.

If I withdraw an IRA before 5 years (age >59 1/2) the money is taxable at full rate. Also, the contribution limit for my age bracket is $5k for 2007.

You do bring up an interesting point though.