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Retirement tax questions
Why move the money out of the IRA ... why not do the same investments inside the IRA ? Move the IRA to that broker if needed.
Any traditional IRA distribution will be taxable and if you dont have an exclusion you will also pay a 10% penalty.
As for the ROTH ... the contributions can be removed at anytime tax free however once put into a reg broker's account all the income is taxable.
‎October 10, 2019
6:05 PM