Does it have to be in taxable? Say you have $1M taxable and $1M tiara.
You could invest in SGOV or similar in the IRA and have it tax deferred.
If you ever need cash, say $45,000 for a new car, sell $45000 of stocks in your taxable at LTCG rates and sell $45,000 SGOV in your IRA and buy the stocks (fund/ETF) you just sold in the taxable.
Net result is $45k in hand, $45k lower SGOV balance and same stock positions.
You could invest in SGOV or similar in the IRA and have it tax deferred.
If you ever need cash, say $45,000 for a new car, sell $45000 of stocks in your taxable at LTCG rates and sell $45,000 SGOV in your IRA and buy the stocks (fund/ETF) you just sold in the taxable.
Net result is $45k in hand, $45k lower SGOV balance and same stock positions.
Statistics: Posted by Raspberry-503 — Wed Jul 17, 2024 12:37 pm — Replies 3 — Views 51