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tfharley
New Member

If I sell stock or mutual fund in a 401k plan and leave as cash in the account do I pay tax?

 
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DianeW
Expert Alumni

If I sell stock or mutual fund in a 401k plan and leave as cash in the account do I pay tax?

No, as long as the money stays in the retirement plan, any transactions of buy and/or sell do not affect your tax return.  At any time a distribution is taken from the retirement account, then there would be tax consequences.

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DianeW
Expert Alumni

If I sell stock or mutual fund in a 401k plan and leave as cash in the account do I pay tax?

No, as long as the money stays in the retirement plan, any transactions of buy and/or sell do not affect your tax return.  At any time a distribution is taken from the retirement account, then there would be tax consequences.

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