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Tuesday, November 27, 2018 3:50:52 PM
But you do pay LT Capital Gains taxes on any withdrawals from your IRAs.
On withdrawals from the ROTH IRA there would be no tax of any kind. Ever.
A rollover from my Gov. TSP allowed me to superfund my IRA's without creating a taxable event.
The Traditional IRA would pay ordinary tax at regular rates, NOT "Capital Gain" rates upon withdrawal.
Again to be clear, One does NOT pay Capital Gains tax on traditional IRA withdrawals, they would pay "Ordinary Tax" rates. Two different rates completely.
The difference between genius and stupidity is, Genius has its limits.
Albert Einstein
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