RobertB4444
Expert Alumni

Retirement tax questions

Even if you were able to remove the investment from the account you would need to pay taxes on the amount that you removed as regular income.  Then you would get an equivalent deduction as a long term capital loss.  That would be an extremely poor trade.

 

@CaseyCMC 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"