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Here's what I think I know:
Distributions from a traditional IRA are taxed as ordinary income, regardless of what investments were in the IRA.
Interest on a CD is taxed as ordinary income.
My questions:
Outside of an IRA, how and when are gains in a stock mutual fund taxed?
Outside of an IRA, how and when are gains on individual stocks, held in a brokerage account, taxed?
Finally, what are the capital gains rates now, and what do you predict them to be when the current tax cuts end?
Thanks!
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