No. of Recommendations: 0
>> This is probably a really stupid question but if I set up a Roth account with an online broker, am I free to buy/sell stocks as much as I want within this account without being charged taxes from the govt on its growth? <<

For once, a tax question with a simple answer!


As long as you withdraw until age 59.5 *and* after you've had the account open for five tax years, anyway. Which goes to show that the answer to tax questions is almost never one word!

Print the post  


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.
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.