Posts Tagged ‘tax implications’

Can you make money investing in mutual funds?

I have money in a 529 plan and an IRA. I understand those and their tax implications. I don’t understand how you make money from investing in mutual funds just normally and the tax implications. If a mutual fund sells something… then you have to pay taxes on it? I am not quite sure how that process works. I know Vanguard has funds, but I’m not sure how investing in them without the tax benefits from the IRA and such can help me. Thank you.


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How bad are the tax penalties for transferring $$$ from stocks to a money market fund?

I now have shares in a money market fund within the same mutual fund company where i previously held stocks and bonds. What are the tax implications of this?
It is not part of an IRA


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