Econ Comments & Analysis
WSJ | Ask Encore: Rules on Retirement Withdrawals
I've got a hypothetical tax question. Say someone has a tax-deferred account (non-Roth) with a contribution value of $200,000 and a current value of $600,000. What if the entire $600,000 was placed in a federal- and state-tax-free municipal bond for one year and then withdrawn? Would there be taxes on the $400,000 gain even though it is withdrawn from a tax-free investment?
Blogs
Heritage Foundation | Taming the Regulatory Tax Monster
That’s the cost of all regulations (good, bad and indifferent) imposed on Americans by the 60 or so government agencies that contribute to the 175,000-page (and growing) Code of Federal Regulations.
