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by nybble41
1710 days ago
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> If this bill passes as written he would actually be forced to divest assets out of his Roth IRA and then pay taxes on them now. He would be forced to sell his current assets in the IRA, yes—but what prevents him from rolling over the proceeds into another asset? As long as all the funds remain in a Roth IRA until retirement age there shouldn't be any taxes due to the reinvestment, now or later. Or are you implying that he would choose to take the tax hit of losing the Roth status rather than sell the assets? |
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