InvestorsHub Logo
Followers 96
Posts 18340
Boards Moderated 7
Alias Born 10/26/2016

Re: Hmmmmmm post# 35329

Tuesday, 11/27/2018 4:44:33 PM

Tuesday, November 27, 2018 4:44:33 PM

Post# of 83077

A Roth IRA is taxed just any of your normal income would be taxed....not when 'going in'.

THAT is very confusing. Roth contributions are taxed, withdrawals ARE NOT, Neither are the gains regardless of size.

As I said earlier......tax is paid on the SEED NOT the Harvest!

I created my TDA roth thru the back door. aka Rollover from a large TSP account thus avoiding the $6,000.00 yearly limit.

Whatever CVSI ends up going to....I will be paying ZERO tax on my roth part of it.



The difference between genius and stupidity is, Genius has its limits.
Albert Einstein

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CVSI News