The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: short-term OK for 1st-yr Roth?||Date: 1/11/2000 12:55 PM|
|Author: UUinMN||Number: 17646 of 74005|
Greetings, ICHIMNU, and welcome to the Fool!
What is the potential tax loss ...
There are no tax consequences within an IRA. With the Roth, you paid taxes on the money before you deposited it. With a Regular IRA, you pay at withdrawal. With both, all transactions inside the IRA have no tax consequences.
Your strategy could make some sense in a taxable account. I think a simpler plan is to sell at 11 months some year when you have a loss. (And in 25 years, you should expect some losses.)
|Copyright 1996-2013 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|