Replies to post #850946 on Fannie Mae-No Politics (FNMA)

[GSEmasterblaster]

Think about that for a second. You switch and you will have to pay capital gains this year. The stock goes down and you will have paid taxes on money that you lost lol.

[TN Trash]

I had 100k in ROTH not all, but a good amount in FNMA now it is over 700k

[GreenShoots]

?

[GreenShoots]

Yeah. So, wait until you have lost your money ??

[Guido2]

When you take it out of IRA to move to Roth IRA, it's considered income for that year. It will add to your tax bill. If you (as most of us) think FNMA prices are going up, it's advisable to move it to Roth while keeping an eye on your tax bill. I began moving my stocks to Roth annually from 2017 through 2024.

[BREAKER098]

Got the cash (at least $180K) to pay the taxes? I converted a traditional 401K back in 2011 to a Roth IRA. That's been parked in FNMA since 2014.