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To: sea_biscuit who wrote (2591)1/4/1998 6:53:00 PM
From: Karin  Read Replies (1) | Respond to of 42834
 
In the ROTH IRA or a regular IRA the Tax Rate is the highes rate, -could be 31%. While normal Stock portfolio income would be taxed at CAPITAL GAINS taxes, 28%, 20% or eventually even less than that. Am I correct in my assumptions? K.D.



To: sea_biscuit who wrote (2591)1/5/1998 12:02:00 AM
From: Jerry G.  Respond to of 42834
 
As I understand it that in a roth IRA you cannot take a deduction on you taxes now. The only benefit is any moneies you earn over the years are not taxable when yoou take them out or ever for that matter..if I am wrong let me know.


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