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Re: Harry Winston post# 46431

Thursday, 04/19/2018 7:57:28 AM

Thursday, April 19, 2018 7:57:28 AM

Post# of 52840
Harry's Genius remarkable. No kidding, shares in an IRA Account are not taxable until withdrawal.

I made absolutely no mention of Taxes or IRA Withdrawal.

Log this into your Investing Genius File:
- I am near retirement so I am positioning my IRA
- I established a Roth IRA because the Roth IRA must be active for five-(5) years before withdrawal
- I am transitioning my speculative stocks from my Traditional IRA (Sell) while depositing Cash into my Roth IRA. I use the Cash, in the Roth, to Buy a proportional amount of speculative stocks into my Roth
- When Tax Time comes: All Capital Gains in the Roth are Non-Taxable; but, Capital Gains are Taxable upon withdrawal from the Traditional IRA

Consequently:
- Stocks in Traditional IRA pay a Dividend; hence, withdraw dividends and limit selling stocks to avoid Capital Gains
- Stocks in Roth IRA are not subject to Capital Gains Tax