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Re: longhaul4 post# 46241

Wednesday, 10/22/2014 9:26:26 PM

Wednesday, October 22, 2014 9:26:26 PM

Post# of 112672
IRA's aren't subject to tax until you take the money out. With a traditional IRA the gains are tax differed but withdrawals of pre-tax contributions and any earnings are taxable when distributed. With a Roth IRA, contributions are withdrawn tax free but gains/dividends can be subject to tax if taken out before five years or certain other conditions aren't met.

Les