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Re: Sure post# 89388

Wednesday, 08/25/2010 11:55:39 AM

Wednesday, August 25, 2010 11:55:39 AM

Post# of 233823
Sure. . .My KATX and coming KATG are held as a traditional IRA since that's the money I used to purchase the stock. It wasn't that much to begin with and I certainly could not have retired on it. Since I'm over 59 1/2, earnings inside the IRA are not taxed and when I take any money out of the IRA by selling off shares it will be penalty free and taxed at ordinary rates.

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