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 My Retirement 100% Roth Now

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Thump

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Posts : 2718
Join date : 2008-05-13
Location : Central Florida

PostSubject: My Retirement 100% Roth Now   Thu Aug 08, 2013 8:48 am

Got a call from our broker yesterday, he said the money in
Vanguard was successfully transferred to the TD Roth.

Brought it over in a Vanguard money market account though.
I went online and told them to cash that out 100% of that.
Incurred a $9.99 fee from TD for that though.  Would have
been more if I'd let Tony do it when he called.

Pricing:
Internet $9.99
Interactive Voice Response (IVR) Phone System $34.99
Broker-assisted $44.99
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rockhump

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Join date : 2008-05-16

PostSubject: Re: My Retirement 100% Roth Now   Thu Aug 08, 2013 9:58 pm

Sounds good..You have to pay taxes though?
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Thump

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Posts : 2718
Join date : 2008-05-13
Location : Central Florida

PostSubject: Re: My Retirement 100% Roth Now   Fri Aug 09, 2013 8:14 am

I have to pay taxes on the Vanguard conversion from IRA to Roth
for this years income tax.  'Cause the IRA money had never been
taxed. No taxes for the transfer to TD.

Never pay taxes on the money in the Roth or any money that I
make with it.  100% tax free from now on.  The great reward for
the future.
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