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Author: shesdangerous Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 122  
Subject: IRA Help Date: 7/23/2009 9:36 AM
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I'm 28 years old and my employer doesn't offer a 401K. I've got a traditional IRA with American Century, but I'd rather manage my investments myself and I've got a few questions before I pull the trigger.

1. Can I close my American Centruy T-IRA take that money and put it into a Sharebuilder Roth IRA account without paying taxes on it?

2. If I can do that, what happens if I want to sell a stock in my Roth IRA Sharebuilder account? Can I sell it and leave the profits in the account or do I have to buy another stock or etf with the principle & profits? I guess what I'm trying to say is can I manage my investments in the IRA account the same way I would manage them in a standard online brokerage account or do I have to keep the stocks I purchase until I'm 59.5 yrs old?

I could really use some advice on this. I just don't know what to do and I don't want to get eaten alive by Uncle Sam when my time comes!
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