Roth IRA Questions

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onyxlinkia
Posts: 77
Joined: Tue Feb 26, 2008 12:13 am

Roth IRA Questions

Post by onyxlinkia » Thu Nov 08, 2018 11:54 pm

I currently own several index funds in my ROTH IRA account. My question is if I sell these funds and put the money in the money market/settlement fund of my ROTH account. Is there a tax implication on this? Thanks.

mhalley
Posts: 6186
Joined: Tue Nov 20, 2007 6:02 am

Re: Roth IRA Questions

Post by mhalley » Thu Nov 08, 2018 11:57 pm

No tax consequences in retirement accounts. Attempting to time the market can have other consequences.

onyxlinkia
Posts: 77
Joined: Tue Feb 26, 2008 12:13 am

Re: Roth IRA Questions

Post by onyxlinkia » Fri Nov 09, 2018 11:05 am

Thanks for the confirmation.
mhalley wrote:
Thu Nov 08, 2018 11:57 pm
No tax consequences in retirement accounts. Attempting to time the market can have other consequences.

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