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UPS Retirement Topics
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<blockquote data-quote="texan" data-source="post: 1121005" data-attributes="member: 38206"><p><strong>The math and I am back to you. <img src="/community/styles/default/xenforo/smilies/FeltTip/happy-very.png" class="smilie" loading="lazy" alt=":happy-very:" title="Happy Very :happy-very:" data-shortname=":happy-very:" /></strong></p><p><strong></strong></p><p><strong>1. People pay taxes when they redeem their IRAs.</strong></p><p><strong></strong></p><p><strong>2. If someone is gifted in investments, and puts / purchases stocks that are valued at close to nothing that</strong></p><p> <strong>later grew exponentially. The value would increase tax-free in the retirement account and would be subject </strong></p><p><strong>to taxation at ordinary income tax rates when taken out.</strong></p><p><strong></strong></p><p><strong></strong></p></blockquote><p></p>
[QUOTE="texan, post: 1121005, member: 38206"] [B]The math and I am back to you. :happy-very: 1. People pay taxes when they redeem their IRAs. 2. If someone is gifted in investments, and puts / purchases stocks that are valued at close to nothing that later grew exponentially. The value would increase tax-free in the retirement account and would be subject to taxation at ordinary income tax rates when taken out. [/B] [/QUOTE]
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