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What is the rules concerning withdrawing contributions from a Roth IRA with no taxes to be paid?
 
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What is the rules concerning withdrawing contributions from a Roth IRA with no taxes to be paid?
What is the rules concerning withdrawing contributions from a Roth IRA with no taxes to be paid?

I am going to be rolling over my current IRA and while reseaching a place to put them, I saw the Roth IRA. To have contributions with no taxes having to be paid, there are rules but I can't find the rules....

Open | Answered 219 days ago by Trove882 | Category: Finance & Investing | 161 Views | Answer Question Now
What do I need know before withdrawing from a Roth IRA?
What do I need know before withdrawing from a Roth IRA?

What do I need to know before withdrawing from a Roth Ira? I am 56 and cash poor at this time. I need some dental work money and would like to take 2000 out of my Roth. Can I do this?

Open | Asked 492 days ago by Cozy343 | Category: Finance & Investing | 130 Views | Answer Question Now
Contribution / withdrawal rules for retirees
Contribution / withdrawal rules for retirees

67 want to roll regular ira into roth, make additional contibution and begin withdrawing within 12 months -- what are the rules?

Open | Answered 105 days ago by Reader | Category: Finance & Investing | 86 Views | Answer Question Now
What is the penity for withdrawing money from your roth IRA
What is the penity for withdrawing money from your roth IRA

What is the penity for withdrawing money from my roth ira it has been in for two years. Iwanted to take out a small amout.

Open | Answered 91 days ago by Reader | Category: Legal | 79 Views | Answer Question Now
New conversion rules for 2010
New conversion rules for 2010

Is there a change for 2010 that permits IRA/Roth conversion taxes to be paid in two or more installments?

Open | Asked 65 days ago by Cassius197 | Category: Finance & Investing | 47 Views | Answer Question Now
Roth ira withdrawal
Roth ira withdrawal

I am 54 years old. I wish to cash in my roth ira. What penalties or taxes will I pay?

Open | Answered 63 days ago by Reader | Category: Taxes | 48 Views | Answer Question Now
When can Roth IRA Contributions be withdrawal tax and penalty free?
When can Roth IRA Contributions be withdrawal tax and penalty free?

Can all Roth IRA contributions be withdrawn tax and penalty free at any time or do certain restrictions apply?

Awarded | Answered 165 days ago by secretagent | Category: Finance & Investing | 177 Views | Awarded to: secretagent secretagent
Roth IRA history
Roth IRA history

Why are they asking for the value of my roth IRA's and history of past contributions. and when i open each account. using HR Block basic on line.

Open | Answered 613 days ago by ldsch | Category: Taxes | 219 Views | Answer Question Now
Roth IRA
Roth IRA

I messed up and created a Roth Ira in April of this year. I found out that you have to have wages not retirement, interest, and social security. I only have $59.40 in wages from a company paid life insurance policy....

Open | Asked 703 days ago by wallyw | Category: Taxes | 232 Views | Answer Question Now
What are the rules and tax consequences of rolling over a 401K to a Roth IRA?
What are the rules and tax consequences of rolling over a 401K to a Roth IRA?

I recently changed jobs and will be rolling over my 401K from the past employer to either my roth ira or my traditional ira.

Open | Asked 522 days ago by Traffic336 | Category: 401k | 240 Views | Answer Question Now
Simple IRA & Roth IRA
Simple IRA & Roth IRA

My wife has a new Simple IRA plan at work. We also have maximized a Roth IRA. We are each over 60 years old. What are her contribution limits with the rwo IRAs? Does contributing to one limit the contributions...

Open | Answered 541 days ago by linlar | Category: Finance & Investing | 207 Views | Answer Question Now
Conversion to Roth from IRA
Conversion to Roth from IRA

I'm considering converting some of my IRA funds over to a Roth IRA this year. I'm 62, semi-retired and won't have significant income this year. Would it be beneficial to pay tax now at a fairly low...

Open | Asked 319 days ago by Basket958 | Category: Taxes | 102 Views | Answer Question Now
How do you calculate taxes coverting 401K to Roth IRA
How do you calculate taxes coverting 401K to Roth IRA

I want to convert / rollover a 401K to a Roth IRA. How do you calculate the taxes? Are they due at time of conversion or when you file your tax return? Thank you!

Open | Answered 367 days ago by Trove882 | Category: 401k | 817 Views | Answer Question Now
Roth ira
Roth ira

How do I determine the basis for my roth after a partial distribution has been made?

Open | Asked 640 days ago by Arnie | Category: 1099 Forms | 109 Views | Answer Question Now
Early Roth Ira Withdrawal
Early Roth Ira Withdrawal

I purchased a roth ira in 2006. It is now worth only 85% of the original purchase price. Can I withdraw the remaining principal without penalty although I am less than 59-1/2?

Open | Answered 71 days ago by Reader | Category: Finance & Investing | 36 Views | Answer Question Now
What are the rules in converting part of a regular ira to a roth ira in 2009
What are the rules in converting part of a regular ira to a roth ira in 2009

What are the rules in converting part of a regular ira to a roth ira in 2009

Open | Asked 292 days ago by Mestizo365 | Category: Taxes | 44 Views | Answer Question Now
Max Roth IRA Contribution
Max Roth IRA Contribution

Will be 60 yrs old next month. Request maximum Roth IRA contribution allowed for years 2008, 2009 & 2010.

Open | Asked 523 days ago by Blame921 | Category: Taxes | 310 Views | Answer Question Now
2009 rules
2009 rules

What are the 2009 conversion rules applicable to IRA conversions to Roth IRA's? thx,

Open | Answered 297 days ago by Aigret247 | Category: Finance & Investing | 187 Views | Answer Question Now
Can i withdrawl from a roth ira with no penalty
Can i withdrawl from a roth ira with no penalty

We want to use funds in a roth ira for closing costs on a house but need to leave them in the bank until after closing per the mortgage company, can i still withdrawl funds after closing with no penalty?

Open | Asked 172 days ago by FaLa941 | Category: Finance & Investing | 265 Views | Answer Question Now
Non contributory IRA conversion to Roth IRA in 2010
Non contributory IRA conversion to Roth IRA in 2010

What are the rules?

Open | Asked 219 days ago by Blame581 | Category: Finance & Investing | 137 Views | Answer Question Now
ROTH conversion to an IRA -- penalty?
ROTH conversion to an IRA -- penalty?

I opened a Roth IRA 11 years ago when I was single and my income was under the income limits. A year later and now 10 years ago, I married and have continued to contribute to the Roth account. We have filed our...

Open | Answered 9 days ago by Reader | Category: Finance & Investing | 12 Views | Answer Question Now
Changing assets from a Roth IRA to a Traditional
Changing assets from a Roth IRA to a Traditional

I own real estate(60% Trad. $0 Roth) Want to recoup the Roth for another investment and replace it with funds from another Traditional IRA account so that the entire real estate is 100% Traditional. Can it be...

Open | Asked 554 days ago by IWW176 | Category: Finance & Investing | 148 Views | Answer Question Now
Converting to Roth IRA and implications for economic stimulus tax rebate
Converting to Roth IRA and implications for economic stimulus tax rebate

If one converted a regular IRA to a ROTH IRA in 2007, the amount of the conversion is treated as ordinary income, which seems to limits the opportunity to receive a tax rebate. It seems this type of IRA conversion...

Open | Asked 562 days ago by Visken778 | Category: Taxes | 158 Views | Answer Question Now
What taxes are due on the earnings in a Roth
What taxes are due on the earnings in a Roth

After converting to a roth Ira and paying the taxes, are there taxes due on the earnings

Open | Answered 284 days ago by Ineptly277 | Category: Other & Miscellaneous | 43 Views | Answer Question Now
Roth IRA certificate account
Roth IRA certificate account

I have a Roth IRA account. I wanted to find out if I am able to withdraw just a portion of my initial contribution early. I have only had it for 1 year. My initial contribution was $5000.00. So far, I have only...

Open | Asked 145 days ago by Mingling564 | Category: Taxes | 15 Views | Answer Question Now
Withdrawal penalties in a Roth IRA
Withdrawal penalties in a Roth IRA

If you have a roth ira and your are 70 years of age, are their any penalties involved when you with draw funds

Open | Asked 556 days ago by GrouP259 | Category: Taxes | 128 Views | Answer Question Now
Convert to Roth IRA in Retirement
Convert to Roth IRA in Retirement

I am a 61 years old retiree receiving a pension and have no need to tap my IRA. If I wait till 70 1/2 to withdraw the Required Minimum Distribution, it will place me into a very high tax bracket. Over the next...

Open | Answered 77 days ago by Reader | Category: 401k Plans | 147 Views | Answer Question Now
As a senior can I contribute to my Roth IRA NOW
As a senior can I contribute to my Roth IRA NOW

Before filing my '08 taxes

Open | Asked 250 days ago by HeftU545 | Category: Taxes | 27 Views | Answer Question Now
Can inherited roth ira be merged with existing roth ira?
Can inherited roth ira be merged with existing roth ira?

Open | Answered 117 days ago by Trove882 | Category: Legal | 73 Views | Answer Question Now
If I convert a traditional IRA @ $80,000 to a Roth IRA, is that $80k fully taxable and added to my AGI?
If I convert a traditional IRA @ $80,000 to a Roth IRA, is that $80k fully taxable and added to my AGI?

Is the full dollar amount of a traditional IRA conversion to a Roth IRA added onto to your AGI and fully taxable?

Open | Answered 176 days ago by Maxilla688 | Category: Finance & Investing | 294 Views | Answer Question Now
 
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