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To: bargainman who wrote (16007)	1/25/2000 3:50:00 PM
From: Mark Peterson CPA	Respond to of 19700

OT: 59 1/2? No way! Nobody can be 59 1/2 and have your sense of humor... PM me your RB tale when you have a moment. Thanks! Mark

To: bargainman who wrote (16007)	1/25/2000 4:38:00 PM
From: JavaGuy	Read Replies (3) \| Respond to of 19700

bargainman, Speaking of retirement, you don't necessarily have to wait until 59 1/2 to access your IRA. I am sure I will not wait that long <g>. I found a good site dealing with IRA withdrawals and other retirement tax and legal issues. (BTW, I've no connection w/ the site) geocities.com After doing a calc on just my ROTH at a modest rate of return (much lower than my historic), I discovered that I would have somewhere in the high-8 to low-9 figures in it. No way could I wait 29 years to tap that keg. A lot of folks have "freedom" money in their IRA's and should be aware that it is possible to access penalty free. bargainman, you may already know this stuff, but others may not. I consider myself an advocate of keeping as much of our hard-earned and astutely invested money away from Uncle Sam's redistribution of wealth program as possible. When I rolled my IRA into the ROTH and took the tax hit 2 years ago, I winced a bit. Now I can't believe the gov't will let us get away with tax-free distributions in the future! I would not be surprised in 20 years or so for a new "You just have too damn much money in your ROTH tax". Something like taxing any other income 95% when annual ROTH distributions are > $250k. Wouldn't surprise me a damn bit, and I tell you another thing... ..Ahem, 'scuse me, rant mode off. -JG JG@TooMuchJava.com