miss_demeanour@lemmy.dbzer0.com to Political Memes@lemmy.worldEnglish · 2 days agoYo! What's Goin' Down?lemmy.dbzer0.comimagemessage-square75fedilinkarrow-up1587arrow-down14file-text
arrow-up1583arrow-down1imageYo! What's Goin' Down?lemmy.dbzer0.commiss_demeanour@lemmy.dbzer0.com to Political Memes@lemmy.worldEnglish · 2 days agomessage-square75fedilinkfile-text
minus-square13igTyme@lemmy.worldlinkfedilinkarrow-up3·22 hours agoIf it’s in a Roth, you don’t pay tax on trades.
minus-squarejacksilver@lemmy.worldlinkfedilinkarrow-up2arrow-down1·10 hours agoIRAs and 401ks aren’t taxes until you withdraw the money (and Roth IRA/401ks aren’t taxed at withdraw cause contributions are taxed). https://www.investopedia.com/ask/answers/12/401k.asp
minus-square13igTyme@lemmy.worldlinkfedilinkarrow-up2·10 hours agoYes. I know how taxes work. I have a Roth, 401k, 403b, and a “for fun” investing account.
If it’s in a Roth, you don’t pay tax on trades.
IRAs and 401ks aren’t taxes until you withdraw the money (and Roth IRA/401ks aren’t taxed at withdraw cause contributions are taxed).
https://www.investopedia.com/ask/answers/12/401k.asp
Yes. I know how taxes work. I have a Roth, 401k, 403b, and a “for fun” investing account.