[Recovering Ex-hippie]

writer is totally wrong very wrong about roths!!!!!!

He says you NEVER pay taxes on a roth. WRONG1

If you move that roth to another financial institution the 5 year holding period—you have tohold a roth for 5 yrs before its tax free-—you have to hold it in THAT PLACE for another 5 yrs before you can take it out tax free!!

why didnt he do his research. what an idiot

[pgyanke]

If you move that roth to another financial institution the 5 year holding period—you have tohold a roth for 5 yrs before its tax free-—you have to hold it in THAT PLACE for another 5 yrs before you can take it out tax free!!

You are incorrect. The five-year holding period is only from the year of first contribution.