Guest PatKF Posted March 22, 2006 Posted March 22, 2006 I have a Roth IRA, that was converted from a regular IRA in 1998. I want to withdraw some of the money that I originally placed in the Roth.... paid lump sum tax on the amount converted. I am 57 years old. Can I withdraw some of my original investment without paying a penalty or tax?
Appleby Posted March 26, 2006 Posted March 26, 2006 Withdrawals of amounts that you converted to your Roth IRA in 1998 will be tax and penalty free. See article at http://www.investopedia.com/articles/retir...t/03/030403.asp Life and Death Planning for Retirement Benefits by Natalie B. Choatehttps://www.ataxplan.com/life-and-death-planning-for-retirement-benefits/ www.DeniseAppleby.com
Guest PatKF Posted March 31, 2006 Posted March 31, 2006 Withdrawals of amounts that you converted to your Roth IRA in 1998 will be tax and penalty free.See article at http://www.investopedia.com/articles/retir...t/03/030403.asp
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