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 Ask An Expert: I closed my Roth IRA two years ago.
Can I start a new one now?  Back

October 23, 2010

Q: I closed my Roth IRA two years ago. Can I start a new one now? — L.P.C., 67, DeLand

A: If you have earned income, you can begin contributing to a new Roth IRA. Keep in mind, however, that before you'll be eligible to take tax-free withdrawals of any earnings, you'll need to wait five years...


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