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Dec 18, 2024
11:37
:30
am
allaboutthegainz
All-American
You don’t even need to move the funds to the Roth account that’s been open for
more than 5 years.
If the individual has met the rule, then any accounts would have met it as well.
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allaboutthegainz
Previous username
allboy10
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allaboutthegainz
Joined
Jun 9, 2010
Last login
Dec 18, 2024
Total posts
9,625 (0 FO)
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Messages
Author
Time
Tax guru question. I started a new job at age 56. I put money into a 401k and
O Gaucho
11:26am
It sounds like you’ve already met the 5-year rule given that you’ve had
allaboutthegainz
11:31am
Your Roth has the 5 year counter. If you already have a Roth ira established
Sandy Lyle
11:34am
You don’t even need to move the funds to the Roth account that’s been open for
allaboutthegainz
11:37am
Thanks for the answers!
O Gaucho
11:39am
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