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Old 03-02-2007, 06:06 PM
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jIM_Ohio jIM_Ohio is offline
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[quote=kv968;106406]Once the money is out of Roth you can't replace it. If you take say 10k of your contributions out, you're still not allowed to go over the yearly maximums to replace it. That's why it's not really good to take money out of a Roth either.

What I was referring to when I wrote about the "60 days" was that's the usual time you have to pay back a 401k loan if you leave the company before it's considered a premature distribution.

[quote]

I think their is a provision, within one of the types of IRAs, to withdraw principal, and put it back in within a short period of time.

looks at IRS site now... if I find something, I'll post a link.
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