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Posted On: 03/19/2018 10:49:21 AM
Post# of 82665
In a retirement account if you sell stock and are under the age of 59 1/2, you only pay tax if you withdraw the money. If you were to sell say 5% of your SFOR shares at 50 cents per share and obtain say $5,000 - you could reinvest that money into something and pay no tax. If you take an early withdrawal, you are subject to a 10% tax penalty in addition to your regular tax rate. At least that is my understanding and I know that is right about accurate if not 100% accurate.
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My comments are only my opinion and are not to be used for investment advice. Please conduct your own due diligence before choosing to buy or sell any investment.