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Tag: Taxes

Is an up to 3% matching IRA better than an Roth IRA?

9 July, 2010 (21:20) | date | By: Frank

DCS asked: A company that I hold a contract through is offering me a 3% matching IRA. Is it better in the long run for me in invest in an a tax free Roth or is 3% match good enough. Im thinking it would be better to do 3% I dont know if its better [...]

Capital Gains from Mutual Funds – Can I apply them to a new home?

23 April, 2010 (17:15) | United States | By: Frank

Bob F asked: I am purchasing my first home and need to sell several of my mutual funds for the down payment. Unfortunately, I am going to take a big hit when I have to pay the capital gains tax from the sale of the mutual funds. Is there any way that I can apply [...]

What is the best time of year to buy mutual funds?

9 April, 2010 (09:36) | electric piano | By: Frank

Marcus N asked: I want to buy some mutual funds now but I remember hearing something about taxes mutual funds pay. So I will get hit with that bill right? Is there a better or worse time of year to buy mutual funds?

What are the taxes on a selling IPO stock?

23 March, 2010 (09:33) | empire club | By: Frank

Holy..cow! asked: What are the approximate tax rates for selling a stock that I’ve owned for about 7 months? I worked for the company pre-ipo (if that matters). Any suggestions on how to reduce the tax? don’t want to hold onto it for more than another month. Appreciate your answers! Thnx.