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Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75793  
Subject: Re: Roth IRA Date: 6/16/1998 7:36 PM
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Greetings, RCSchulte, and welcome.

<<Somebody please tell me if I've got this right: If I put the money that I have in a Roth IRA into a mutual fund (or any investment, for that matter), whatever earnings I realize from that investment -- as long as it is still under the Roth IRA "umbrella" -- will not be taxed after I sell the fund shares? In other words, are earnings from invested Roth IRA money at all taxable at any time, ever?>>

Take the earnings before age 59 ½ and/or before five tax-years after the account is open, and they will be taxed except for a few limited circumstances. If you're under age 59 ½, they will also be assessed the 10% early withdrawal penalty. Otherwise, the earnings will NEVER be taxed.


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