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re: Title change: personal investment questions (401k rollover, Roth).
Posted on 9/4/13 at 12:59 pm to Joshjrn
Posted on 9/4/13 at 12:59 pm to Joshjrn
I know an ira is a vehicle and mutual funds are investments.
So with a Roth you pay taxes on the money before you invest it and never again on any gains whereas with a mutual fund you pay taxes on the money before you invest is AND the cap gains?
So with a Roth you pay taxes on the money before you invest it and never again on any gains whereas with a mutual fund you pay taxes on the money before you invest is AND the cap gains?
1
Posted on 9/4/13 at 2:18 pm to Coon
quote:
So with a Roth you pay taxes on the money before you invest it and never again on any gains whereas with a mutual fund you pay taxes on the money before you invest is AND the cap gains?
Pretty much. But it's taxed at ordinary income.
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