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Non-Tech : Wit Capital - The way of the future? -- Ignore unavailable to you. Want to Upgrade?

To: Keith Rosenblatt who wrote (5873)6/29/1999 9:37:00 PM
From: ChopChop99  Read Replies (1) | Respond to of 16809
 
So I just open a new IRA account, put $10K cash in...

...and then use the funds to buy stocks. I know the contribution (the intial $10K) is deductible. As I buy stock and it appreciates, are all the gains tax deferred in an IRA? I warned you, I'm an IRA illiterate! <g>

Thanks,

Chop



To: Keith Rosenblatt who wrote (5873)6/29/1999 9:42:00 PM
From: Richard N. Barg  Respond to of 16809
 
you certainly can roll over stock from one ira into another.


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