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Investing/Strategies / Retirement Investing
|Subject: Re: Question on Retirement Investing||Date: 12/18/2007 8:11 PM|
|Author: ziggy29||Number: 60442 of 76610|
>> This is probably a really stupid question but if I set up a Roth account with an online broker, am I free to buy/sell stocks as much as I want within this account without being charged taxes from the govt on its growth? <<
For once, a tax question with a simple answer!
As long as you withdraw until age 59.5 *and* after you've had the account open for five tax years, anyway. Which goes to show that the answer to tax questions is almost never one word!
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