
346 | How Do I Figure Out the Taxes on This?
ChooseFI
00:00
Are You Investing in a Retirement Vehicle?
In a four o one k, there will be no compound or very minimal compounding. You need to keep track of what did i buy that mutual fund for? Right? What was the cost of that fund or that stock, or whatever it was? Because that number, atters that number is your basis, and it's ultimately goingto iform the capital gains tax that you pay when you sell that particular security or index runter,. So that's a separate case. But we're talking bhaut here with these retirement vehicles. Is, while you are investing in things like that, the basis really does not matter. I mean, there might be some isolated incense. There
Play episode from 15:26
Transcript


