You learn something new every day

[sylvar]

Today it's "You can withdraw the first $12,000 you put into a Roth IRA, any time, any reason, no tax penalty, and since you've already paid income taxes at today's bracket before you saved money in a Roth IRA, you don't pay any taxes on what you withdraw later when you'll be in a higher bracket."

Suze Orman seems a bit odd to me, but it's hard to escape her logic on this one. As soon as we've paid off credit card debt, I'll suggest this to Jodi as a smart place to stash our rainy day funds!