Skip to main content
Level 1
June 6, 2019
Question

Are gains and losses taxable from a retirement account?

  • June 6, 2019
  • 1 reply
  • 3 views
No text available

1 reply

Level 15
June 6, 2019

Gains and losses from a retirement account (SEP, 401(k), IRAs) are not taxed in the year they occur.

They are tax-deferred. Depending on the type of retirement accounts, they may be taxed when funds are distributed.

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