
#007 - What's the difference between tax-deferred, Roth and normal brokerage accounts?
Retirement Planning Education, with Andy Panko
00:00
Taking Money Out of a Brokerage Account Can Trigger Taxability
When you sell something inside a normal brokerase account, that there will be tax implications to that sale. Any time you sell something, it is triggering a tax event. Maybe you have a gain, you out to pay tax on it, or maybe youhave a loss, and it can help reduce your tax bt. So from a tax management perspective, these accounts are a lot more involved in a lot more analysis and a lot more attention to detail involved when selling things.
Transcript
Play full episode