Thread: Money Investing megathread extravaganza
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Old 02-28-2017, 04:03 PM   #764
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Quote:
Originally Posted by kepp View Post
So for a 401k, the contributions are pre-tax, but you get taxed when you take distributions...and for a Roth IRA, the contributions are post-tax but you are not taxed on the growth at all as long as you take qualified distributions?

What about an ordinary trading account? Obviously the contributions are post-tax. Do you get taxed on the growth every year?
You do get taxed on growth in a standard brokerage account, but the tax rate on that growth is less than your normal income tax rate.
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