However, if there is something I can do to minimize that tax impact, I will do it if the action does not result in costing us in other ways.There might be a small amount to be gained by watching where you hold various investments. I wrote this a while back, talking about what assets to hold in which account. http://boards.fool.com/i-think-there-is-a-small-difference-b...The gist of it is to keep your ordinary income assets (fixed income, bonds, short term stock plays) in your traditional IRA since that income is going to be taxed at ordinary rates anyway. Put your long-term stocks and your dividend generating stocks in ordinary accounts to take advantage of the lower tax rates on that kind of income.--Peter
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