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Member Since: Apr 20, 2009
Location: Up UP and awayyyy!!!
Posts: 3,918
Mac Specs: MBP15" 240gb SSD+128gb SSD, PowerBook17, PowerMacG5, Phone4S 32gb, Phone4 32gb, Galaxy Note 2 80gb.
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02-13-2012, 04:29 PM
Quote:
Originally Posted by Razormac
All of that is the reason the small amount of "play" I do in the Stock Market I do using a Roth IRA set up for that purpose. Whether it goes up or down it runs off of already taxed money so no Capital Gains to pay.
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I always thought you had to have money in a Roth IRA until a certain age(59 and 1/2) to be eligible for a tax free withdrawal, and/or needed it in there for 5 or more years? Is this wrong?
Aut viam inveniam aut faciam
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QUOTE
Thanks
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