The Motley Fool Discussion Boards
Investment Analysis Clubs / Dividend Growth Investing
|Subject: Re: Companies accelerating Dividends...||Date: 12/7/2012 7:49 PM|
|Author: desertdaveataol||Number: 7724 of 8587|
Isn't that the whole point of a ROTH? You pay tax on the money before you put it in, and you don't pay tax on anything you take out.
That's what I thought I said, but I seemed to be getting some disagreement.
iirc you pay the tax on Roths before putting the (then taxed) money into the IRA.
Perhaps I should have said: iirc you pay the tax on Roths before putting the (then taxed) money into the ROTH IRA?
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|