It is also a dislike for paying taxes on distributions that aren't immediately needed.Exactly. It's not panic so much as the unpleasantness of seeing $20,000 of your money suddenly become $15,000 or less, depending on your tax bracket and what state you live in. It's like a tax on getting older. Of course, that money was sheltered from taxes when it went into the IRA at a time when the tax rates were likely higher. But that's not what you think about when you write the check to the Treasury Department.--fleg
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra