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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (3570)11/2/2015 12:36:42 PM
From: Kirk ©  Read Replies (1) | Respond to of 26769
 
100% deferred. You pay taxes on the gains when you cash them in. I believe they are then taxed as ordinary income but I'm not a tax expert.



To: robert b furman who wrote (3570)11/2/2015 1:16:34 PM
From: Robert O  Read Replies (1) | Respond to of 26769
 
I'm no tax expert either, though I think Kirk is on target. This link appears to lay it out. In general you have options but if you do defer and not for education, etc. sounds like 1099-INT type federal income.

In my world that is ordinary indeed. oh, see your tax advisor and rest of usual disclaimers here ;-) treasurydirect.gov

RO


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