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Post# of 249238
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Blue Fin

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Blue Fin

Re: may1sep2 post# 196932

Tuesday, 08/10/2010 3:17:35 PM

Tuesday, August 10, 2010 3:17:35 PM

Post# of 249238
may1sep2,
True! However if that account is all of the funds you have and you transfer the stock to another account (non IRA)then, doesn't that become a taxable event? I believe it would and you would be taxed on the transaction as ordinary income plus penalty.
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