Date: Mon, 26 Mar 2007 10:03:22 -0500
From: "nina"
Newsgroups: misc.invest.financial-plan
Subject: withdrawal process from Roth IRA
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what is the usual process of taking a withdrawal from your own funds in a Roth IRA? is
it as simple as informing the institution (T Rowe Price, Fidelity, etc) and they cut
you a check in a few business days or even deposit the amount into your checking
account?
I understand that one loses out on the benefits the money would have earned but no
biggie - or is it?
what else to be aware of? if I fund a Roth IRA today with 2500, I can request a
withdrawal any time for up to that amount?
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