it could be a wise long term investment to transfer some stocks from a tax account into a non-taxable retirement account. It could also be wise to leave those stocks in the taxable account and hold them for more than a year. In a taxable account, if stocks are held more than 1 year, gains are taxed at low rates (15%). OTOH, retirement accounts like 401Ks will be taxed at (usually) much higher ordinary income rates, and if rolled over into IRAs, there are restrictions on when you must withdraw the money, and how much you must withdraw each year during retirement. For these and other reasons, many Fools have both retirement accounts and taxable accounts--the taxable accounts should add flexibility to your retirement withdrawals.2old
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