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When did you start 401k and what's your balance
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<blockquote data-quote="kingOFchester" data-source="post: 1104313" data-attributes="member: 11246"><p>Buying and selling stocks within an IRA are "tax deferred". The tax won't be assessed until you begin taking distributions from the IRA. At the time of distribution, the money is taxed as regular income, not at capital gains. Unless the money is in a Roth, then it can be withdrawn, at a specific age, with no taxes.......as of now anyway.</p><p></p><p>I assume Hoax has his money well diversified.</p></blockquote><p></p>
[QUOTE="kingOFchester, post: 1104313, member: 11246"] Buying and selling stocks within an IRA are "tax deferred". The tax won't be assessed until you begin taking distributions from the IRA. At the time of distribution, the money is taxed as regular income, not at capital gains. Unless the money is in a Roth, then it can be withdrawn, at a specific age, with no taxes.......as of now anyway. I assume Hoax has his money well diversified. [/QUOTE]
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When did you start 401k and what's your balance
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