What you sell from IRA account is taxed as ordinary income. What you sell from regular account is taxed as capital gains. If you are expecting growth on Wavx it would be wise to take it out of IRA and put it in regular account. It must be sold and repurchased. If you have your IRA with a broker that charges $7.00 per trade your OK. If not transfer the IRA and then do the selling and buying at $7.00 not regular rates. It can get very expensive plus adding federal and state (Connecticut) income tax that has to be withheld without delay. I hope that this info will be of help to you and anyone else in the same situation. May1
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