phatrabbitzz7
Dryer sheet wannabe
- Joined
- Jan 9, 2008
- Messages
- 10
From what I understand one can take out the contribution out of a Roth IRA at anytime without any penaltys. So if I open a Roth IRA account today for 2007 and put $4000 in it, can I take the money out, contribution only ($4000), several days later and not contribute anything until August 2008 and put $9000 (=$4000 for 2007 and $5000 for 2008?
TIA
TIA