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Oct 5, 2015
3:36
:52
pm
Bullrider
RE: My wife forget about a Roth IRA her mom set up for her in 2008,
Please don't take it out. Leave it there until she is seventy and she'll really have something.
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Bullrider
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Bullrider
Joined
Mar 13, 2005
Last login
Apr 29, 2024
Total posts
7,418 (7 FO)
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Messages
Author
Time
My wife forget about a Roth IRA her mom set up for her in 2008,
JohnnyB
10/5/15 10:32am
Contributions can be taken out tax and penalty free. Unless you fall under an
patentattycoug
10/5/15 10:35am
$1k can be withdrawn tax and penalty free. Earnings would be taxed as income
RdF3
10/5/15 10:36am
Income Tax on earnings + 10% penalty (non-qualified disbursement)
Saxa
10/5/15 10:37am
How old is your wife?
CDV
10/5/15 10:41am
31. So not close to retirement.
JohnnyB
10/5/15 10:47am
Just think how much it will be worth if you leave it alone for another 30 years
Sea Chicken
10/5/15 10:48am
<< Deleted >>
Sea Chicken
10/5/15 10:48am
What kind of retirement accounts do you use? If she has a different roth IRA she
supertux
10/5/15 10:59am
RE: My wife forget about a Roth IRA her mom set up for her in 2008,
Bullrider
10/5/15 3:36pm
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