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Old 11-15-2024, 07:50 AM
Janie123 Janie123 is offline
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Originally Posted by Rainger99 View Post
Doesn’t moving to all cash incur huge capital gains taxes? Is there a way to avoid them?
Not if you are talking about IRAs and 401k’s but yes if regular investment accounts. Another reason I use to continue to move IRAs to Roths… no RMDs moved to an investment account so I would be able to move in and out of cash with no tax penalty. Currently my investment account is my cash world… mostly CDs and somewhat protected structured notes..
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