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Withdrawing from a traditional IRA
I'll make this succinct. I am able to withdraw around $20,000 from my traditional IRA Vanguard account without paying any taxes due to my financial situation. I'm thinking that I should withdraw this amount and transfer it to my Vanguard Brokerage account (not an IRA, but has the same portfolio as my IRA). Result; no tax and my $20,000 goes into an identical account.
Does this sound like the right thing to do?
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‎October 20, 2024
4:46 PM