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URL:  http://boards.fool.com/question-concerning-tax-implications-within-an-i-15243793.aspx

Subject:  Question concerning tax implications within an I Date:  6/24/2001  5:50 PM
Author:  bigcat92 Number:  52045 of 121335

Hello

My wife is changing jobs and we have decided to rollover her 401K earnings into a self-directed IRA with a discount broker.We will purchase individual stocks within the IRA.My question is can we buy and sell stocks within the IRA without tax implications and can we use a portion of the earnings within the IRA to cover trading costs without incurring a tax penalty ???

If anyone has any thoughts on this,I would certainly appreciate their feedback.

Thanks
bigcat92
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