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Subject:  Re: IRA sale & distribution Date:  11/15/2021  7:19 PM
Author:  rmenschel Number:  346 of 354

As Bruce stated differently, since you did not pay any taxes on the money placed into a traditional IRA (a deferred tax account), you pay the taxes instead on all the money you take out.

Since you already paid taxes on money in a Roth IRA, you don't pay taxes on money that comes out of the Roth.

Bob Menschel
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