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Do the reinvested dividends and capital gains in my Roth IRA count as contributions to that IRA (for tax purposes)?
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Do the reinvested dividends and capital gains in my Roth IRA count as contributions to that IRA (for tax purposes)?
No, the beauty of an IRA is that it can grow tax free. The earnings are just growth, not a contibution.
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Do the reinvested dividends and capital gains in my Roth IRA count as contributions to that IRA (for tax purposes)?
No, the beauty of an IRA is that it can grow tax free. The earnings are just growth, not a contibution.
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Do the reinvested dividends and capital gains in my Roth IRA count as contributions to that IRA (for tax purposes)?
thanks colleen, love ya!
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Do the reinvested dividends and capital gains in my Roth IRA count as contributions to that IRA (for tax purposes)?
Thanks, you made my day.