Jill on Money with Jill Schlesinger cover image

Which Accounts to Tap in Retirement

Jill on Money with Jill Schlesinger

00:00

Is There a Cost Basis in the IRA?

I've been investing about 30 plus years. With vanguard. Yow. So when you said two point two or two point three, did that include the 568 thousand ira or not? Yes, it did does. In this account. Are you telling me that they don't have something listed as cost basis in there? Or do they? They do. I'm not sure how to use that though, but they do have, yes. And you have no other sources of income at this point? Like, what are you living on? Well, i'm living on money that i took out a couple of years ago and put into a bank, and that just pays my bills

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