Thread: Roth IRA
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Old 10-15-2009, 09:53 PM
H2OFwlKlr H2OFwlKlr is offline
Join Date: Jun 2009
Location: Rayne, LA
Posts: 714
Cash: 1,568

Big K, am I not mistaken that contributions are tax free when withdrawn after 5 years, but earnings on those contributions are taxed and penalized until 59 1/2. I think alot of people forget the difference between the two: contributions and earnings.

Am I correct? I do ROTH's also.
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