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Roth Rollover Withdraw Question
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Topic: Roth Rollover Withdraw Question (Read 1967 times)
RabStache
5 O'Clock Shadow
Posts: 42
Roth Rollover Withdraw Question
«
on:
October 31, 2014, 07:58:34 AM »
Hey guys. I recently switched jobs and rolled over $5000 from a Fidelity Roth 401k to a Vanguard Roth IRA. My questions are as follows:
When can I withdraw the contributions (rollover) from the Roth IRA? I think anytime, but not sure.
If I contribute money to an After-Tax 401k and roll it over to the Roth IRA, when would that money be withdraw-able?
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Catbert
Magnum Stache
Posts: 3324
Location: Southern California
Re: Roth Rollover Withdraw Question
«
Reply #1 on:
October 31, 2014, 01:09:44 PM »
1.
Rollovers
to Roth's must remain in the Roth for 5 years.
Contributions
(new money) can be withdrawn at any time.
2. I'm pretty sure this is 5 years also since it would be a "rollover".
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Roth Rollover Withdraw Question