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Author: UUinMN Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 120820  
Subject: Re: Trading in an IRA Account Date: 4/14/1999 9:53 AM
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Capital gains within an IRA aren't taxed at all. You can trade away to your heart's content, and nothing is reported to the IRS.

When you withdraw from a traditional IRA, your gains are taxed as ordinary income. Withdrawals from a Roth aren't taxed at all. Subject to some age and/or time restrictions, with some exceptions, blah, blah, blah, read the FAQ. You can shift your account from a mutual fund to stocks without having that count as a withdrawal, if you do it right.

There are no tax consequences of choosing one investment over another within an IRA. Mutual funds, stocks, whatever. You pick, you move it around, there are no taxes. So to assess the cost/benefit of manaqing your own stocks, just ask yourself if you think your net return, after commisions, will beat your mutual fund.
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