 Dissolution of Roth |
Welcome Guest ( Log In | Register ) · 0 New Messages
  |
 Dec 8 2008, 03:44 PM
Post
#1
|
|
|
Registered User Group: Registered Posts: 411 Joined: 25-February 04 Member No.: 12,906  |
I've heard someone talk about "dissolving" a Roth IRA. Any idea what they might be refering to? If it's all after tax money what affect, if any, would a dissolution have if no further contributions were going to be made?
|
 |
 
|
|
Dec 10 2008, 08:49 PM
Post
#2
|
|
|
Registered User Group: Registered Posts: 2,138 Joined: 23-July 06 Member No.: 16,532 |
"Dissolving" a Roth IRA? Haven't heard that one. It's not a term of art. Dissolving would likely imply more than just stopping contributions. Dissolving suggests that the Roth IRA will no longer be such. That would involve distribution.
It is probably worth asking the person using that terminology specifically if they mean distribution of the Roth IRA (or perhaps just stopping contributions). -------------------- John Simmons
jsimmons@ida.net Note to Readers: For you, I'm a stranger posting on a bulletin board. Posts here should not be given the same weight as personalized advice from a professional who knows or can learn all the facts of your situation. |
|
|
|
|
| Lo-Fi Version | Time is now: 21st November 2009 - 08:21 AM |