Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: nascarnation

OK, then I think I’d probably only get hit with short- or long-term capital gains if I close my IRA. It is funded with 100% non-deductible contributions.

I plan to keep the 401(k) as that is way too big and will make me one of those ‘private jet flying’ rich people O’Bumma always talks about.


49 posted on 07/25/2011 4:07:35 PM PDT by Betis70 (Bruins!)
[ Post Reply | Private Reply | To 48 | View Replies ]


To: Betis70

After retirement, you may want to convert the 401k to another brokerage IRA so that you can have a wider variety of investment options.


50 posted on 07/25/2011 4:11:32 PM PDT by nascarnation
[ Post Reply | Private Reply | To 49 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson