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laser777

12/29/20 10:42 AM

#343256 RE: kabunushi #343250

With higher tax rates, withdrawals from IRA's will be subject to much higher rates.

Hansm7777

12/29/20 10:50 AM

#343261 RE: kabunushi #343250

I don't know Kabunushi, I just don't get it. Why sell at $1.70+ just to save on a favorable tax rate of 17% when if they held onto the stock into 2021 and say sold it for $50+ ? Granted as you point out the rumored tax rate of 37% would be higher but the recipient is still receiving 63% of profit. What am I missing?
Thanks,