SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : CNSI Cambridge Neuroscience
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mike McFarland who wrote (359)3/20/1998 5:02:00 PM
From: Greg Jung   of 675
 
Yes you have to mark the securities, at least, to market if
not convert them to cash. And then, you would have to pay penalty
if you were to use proceeds to pay tax. However if you have educational expenses to take in 1998, those may (as in, I'm not so sure about this) be taken out of IRA. Roth conversion over 4 years, though, can be any pre-determined amount (doesn't need to be 100% of the ira). I'm not expert, that exhaust (what I believe to be) what I know about it.
Greg
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News