Comments on: Do Roth IRA Withdrawals For This Year Reduce Contributions? http://www.bargaineering.com/articles/do-roth-ira-withdrawals-for-this-year-reduce-contributions.html personal finance blog with anecdotes, advice and commentary. Sun, 22 Nov 2009 06:04:27 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Paul http://www.bargaineering.com/articles/do-roth-ira-withdrawals-for-this-year-reduce-contributions.html/comment-page-1#comment-64835 Paul Sun, 28 Jan 2007 18:42:36 +0000 http://www.bargaineering.com/articles/do-roth-ira-withdrawals-for-this-year-reduce-contributions.html#comment-64835 That word is supposed to be redeposit. Paul Z. That word is supposed to be redeposit.

Paul Z.

]]> By: Paul http://www.bargaineering.com/articles/do-roth-ira-withdrawals-for-this-year-reduce-contributions.html/comment-page-1#comment-64833 Paul Sun, 28 Jan 2007 18:39:43 +0000 http://www.bargaineering.com/articles/do-roth-ira-withdrawals-for-this-year-reduce-contributions.html#comment-64833 This kind of addresses in a way a question that I have. Let's say I contribute money starting this tax year (2006) and max it out and continue to max out every year from now on. Down the road if a need arises that I need the money I am fully aware that I can take out penalty free contribution dollars regardless of age or reason. However, I have searched and searched online and have completely struck out on this question; Can I redosit this money in the Roth IRA? Let's not confuse this question with a deposit made in the same year before tax due date because I know that is as if it was never made. Let's say no contribution for that year has been made so money taken out is from previous years. If yes, is there a time limit for putting money back in? Thanks, Paul Z. This kind of addresses in a way a question that I have. Let’s say I contribute money starting this tax year (2006) and max it out and continue to max out every year from now on. Down the road if a need arises that I need the money I am fully aware that I can take out penalty free contribution dollars regardless of age or reason. However, I have searched and searched online and have completely struck out on this question; Can I redosit this money in the Roth IRA? Let’s not confuse this question with a deposit made in the same year before tax due date because I know that is as if it was never made. Let’s say no contribution for that year has been made so money taken out is from previous years. If yes, is there a time limit for putting money back in?

Thanks,
Paul Z.

]]> By: Dogberry http://www.bargaineering.com/articles/do-roth-ira-withdrawals-for-this-year-reduce-contributions.html/comment-page-1#comment-40725 Dogberry Thu, 09 Nov 2006 10:02:35 +0000 http://www.bargaineering.com/articles/do-roth-ira-withdrawals-for-this-year-reduce-contributions.html#comment-40725 Interesting, so if I put in $4000 in January, I have to not only remove the $4000 but also the 'earnings' of the $4000 in order to comply. That might be difficult to calculate. Dogberry Interesting, so if I put in $4000 in January, I have to not only remove the $4000 but also the ‘earnings’ of the $4000 in order to comply. That might be difficult to calculate.

Dogberry

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