View Single Post
  #6  
Old 06-06-2006, 04:00 PM
NoSoup4U NoSoup4U is offline
Senior Member
 
Join Date: Apr 2004
Posts: 260
Default Re: Quick Roth IRA quesiton about withdrawals...

[ QUOTE ]
[ QUOTE ]
Yes you can always withdraw the principal from a Roth IRA with no penalty.

[/ QUOTE ]

Wow, this is absolutely the worst advice I've ever seen!

[/ QUOTE ]

I believe the original advice was correct. Any amount you withdraw less than your original investment or basis has already been taxed and is not subject to penalty or additional tax. See Rothira.com or the tax law
Reply With Quote