No. of Recommendations: 0
Are there any penalties for selling a fund in an IRA and letting the proceeds stay in the IRA? Meaning, no money ever leaves the IRA account.

There are no penalties if no funds are distributed out of the IRA. You can move the money from one vehicle to another (including cash in the account) all you want. The only "penalty" would be the added fees or commissions incurred as the result of the activity.

Is this a good strategy?

This depends on a lot of factors. I'll leave the exposition on this to others.
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement