Replies to post #26427 on United Communications Partners Inc (UCPA)

[Peter Penny]

Lmao exactly.

[lakers17]

Sorry check out a Roth IRA. If held for 5 years or more (the fund itself) which all of mine are, as I own one at Ameritrade and one and E Trade no taxes ever. Roths are tax free and no deferred tax. Traditional IRAs, Sep IRAS and 401 K's have deferred taxes like you mentioned. And the age is not 60 but 70 1/2 when you have to start pulling on the taxable ones. My UCPA shares I sold and still have are in Roths. No taxes ever on gains.

[ap17]

NEGATIVE!!! tax is paid on the seed NOT the harvest. His tax was paid UP-FRONT! on the seed. Withdrawls are tax free forever.