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Re: holter post# 40920

Thursday, 10/21/2010 2:59:20 AM

Thursday, October 21, 2010 2:59:20 AM

Post# of 105535
If you are thinking of holding CBAI in a Roth IRA and it runs up, you'd be in a good position.

Btw, to withdraw from a Roth IRA without paying taxes on your stock gains you need to be 59 and 1/2 and the account needs to be five years old. It's not how long you hold the stock...it's the age of the account the shares are held in. At least, that is my understanding of Roth withdrawals.




In Reply to 'holter'

heytony, Then you have to wait 5 years to avoid paying any taxes on the Roth Account gains.




GLTA... KarinCA ;)

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