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To: waldemar cyranski who wrote (11281)7/12/2002 9:38:09 PM
From: doniam  Respond to of 11568
 
Think about it for a moment. Assuming you have the old fashion IRA you deducted 100% of your contribution at the time you made it. If the IRA suffers a loss then there is just less tax to pay when you withdraw the money. Even if by some chance your IRA were non deductable, then your contributions become the cost basis and are subtracted when you get the $$$ out



To: waldemar cyranski who wrote (11281)7/12/2002 11:21:26 PM
From: Charles Tutt  Read Replies (1) | Respond to of 11568
 
I think you might as well e-mail the tooth fairy. Ain't gonna happen.

JMHO.

Charles Tutt (SM)


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