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Re: 123boom post# 14698

Friday, 09/22/2017 6:44:46 PM

Friday, September 22, 2017 6:44:46 PM

Post# of 192320
The money I contribute every year to the Roth IRA, has already been taxed because it was income. The inital investment, I can pull out anytime now without penalty. I can pull earnings out tax free anytime with a 10% penalty. After the age of 59 1/2, I can withdraw tax free without penalty. I don't plan on taking anything off the table within this account because you can only put so much a year and the gains are 100% Tax Free. I want to take advantage of that to the max.

Also maximizing the DRIP programs within Roth.

Speaking of dividend reinvestment programs, I was reading where preffered shareholders of FUSZ would be getting common shares of FUSZ as a dividend. I'm all for that. I do hope that once the company is on solid earnings ground, the common shareholder can participate in a dividend of some kind. That seems entirely possible to me.
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