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Investing/Strategies / Retirement Investing
|Subject: Re: What to do?||Date: 2/2/2012 8:43 PM|
|Author: intercst||Number: 70103 of 82026|
<<<ferjen: "Got it. Then, is there an advantage to funding a Traditional IRA vs. just using a cash brokerage account?">>>
Plus, no taxes on gains in the account until withdrawn.
Negative, ordinary income tax rate when withdrawn (at some futhre unknown date and rate), versus potential for LTCG rates in a non-IRA brokerage account.
You also get some liability protection by having your assets in an IRA since most states won't attach a retirement account to satisfy a court judgement.
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