Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,126.06
(
1.20%
)
US TECH 100
25,958.80
(
1.33%
)
Dow Jones
49,447.43
(
1.88%
)
Brent Oil
91.27
(
-1.50%
)
Bitcoin
74,788.00
(
1.25%
)
News Focus
News Focus
Post# of 252308
Next 10
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

xxxxcslewis

Send PM Follow Ignore
Followers 47
Posts 4674
Boards Moderated 0
Alias Born 07/23/2003

xxxxcslewis

Re: knute97 post# 141310

Friday, 04/13/2007 2:41:02 PM

Friday, April 13, 2007 2:41:02 PM

Post# of 252308
knute97,

If you take the 1000 shares at $2.40 and transfer to a Roth IRA you pay $600 taxes.

If the share price then goes to $24, the entire $24,000 comes out of the Roth IRA tax free.

At least that is how I understand it.
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today