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http://boards.fool.com/no-you-wont-even-pay-tax-once-transfering-from-22267089.aspx
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| Subject: Re: Transfer of Roth IRA | Date: 3/26/2005 3:36 PM | |
| Author: Fuskie | Number: 45275 of 75384 | |
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No, you won't even pay tax once. Transfering from a fund company to a brokerage firm is not a taxable event, as long as it goes into a Roth at the brokerage firm. You can sell the fund and move all of the proceeds or you can move the mutual fund itself. What firm are you thinking of moving it to? Technically the OP did pay tax on at least the contributions in the year the contribution was made... |
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