Thread: Earnings call
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Old 12-09-2020 | 08:18 PM
  #307  
CincoDeMayo
That/It/Thang
 
Joined: Aug 2020
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Originally Posted by Skydreams14
Ok. "You will pay when you sell and take disbursement." Lets break that down lol. You dont pay when you sell because im closed out of all positions and just sitting on the cash. I will pay taxes when i retire in 20yrs and do the standard 401k withdrawal. So i dont pay taxes when i sell but do when i take disbursement. A person doesnt have to worry about capital gain taxes on how long you hold it in a 401k
See, now you make sense. Nice job champ!
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