The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retirement


Subject:  IRA sale & distribution Date:  8/26/2021  12:50 PM
Author:  WdanW Number:  341 of 347

I'm 61 years old. If I sell some securities in my traditional IRA and take a distribution in cash, is only the realized gain on the sale of securities taxable, or is the entire distribution taxed as income? Just wondering if the cost-basis is taken into consideration.
Copyright 1996-2022 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us