Roth Ira Principle Withdrawal
November 3rd, 2008
Question: Roth IRA question on withdrawals?
Can i put my principle back in a Roth IRA once I take it out?
Answer: You can, but it would be considered a contribution. The contribution limits depend on how much you currently make (salary) and how much you have already contributed to your Roth for that tax year. Keep in mind that the withdrawal you took from your Roth, as long as it was principal only, should be a tax-free event.
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