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Message
re: Emergency fund opinions
Posted on 2/12/13 at 11:35 am to Teddy Ruxpin
Posted on 2/12/13 at 11:35 am to Teddy Ruxpin
quote:
You don't pay taxes on your earnings until you start withdrawing the money, so your money grows tax-free until either A) withdrawal, or B) the government decides to be an a-hole and start taxing them.
You never pay taxes on your earnings as long as you follow the distribution rules.
1
Posted on 2/12/13 at 11:42 am to ds1tiger
quote:
You never pay taxes on your earnings as long as you follow the distribution rules.
My bad. I'm far from 59.5 years old so it eludes the mind at times. Fixed it.
This post was edited on 2/12/13 at 11:44 am
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