Replies to post #4634 on A.I.M. Users Bulletin Board (AIMUSERS)

[OldAIMGuy]

Hi PDAH and Welcome. Good to have yet another AIMer join in. Yes, your situation is ideal. Trading inside an account with no tax consequences for an extended period is a nice way to go.

I guess I quit working too soon! Don't have much in a retirement account of any kind.

Best regards, Tom

[Jennie]

Hi PDAH-

The best parties are within tax-deferred accounts of course, but the party-poopers at the IRS will try to pop some balloons. Keep in mind that withdrawals are taxed at your regular rates NOT capital gains rates. It`s still more fun in an IRA, but not a capital gains orgy.

Regards,
J