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BobinCTAnswer
Level 8
June 1, 2019

If the money is still in your retirement account, you don't.  You only pay taxes on your retirement account when you take money out.  The income earned within it is "tax deferred" until that time.

2 replies

BobinCTAnswer
Level 8
June 1, 2019

If the money is still in your retirement account, you don't.  You only pay taxes on your retirement account when you take money out.  The income earned within it is "tax deferred" until that time.

Level 2
June 1, 2019
Thank you! 🙂