Author Topic: Rookie Question: Implications of selling one mutual fund for another?  (Read 267 times)

onemorebike

  • Bristles
  • ***
  • Posts: 319
I'm looking to simplify my investments and I have an old Simple IRA that is invested in ARDVX (American Century One Choice 2040 Inv) and was thinking I would sell to buy SWTSX (Schwab Total Market Index). I was about to hit buy when I realized there might be a tax implication (or other implication I don't understand) and would ask my favorite MMM experts first. Anyone have a quick answer for me?

Thank you!

-Dave

MDM

  • Walrus Stache
  • *******
  • Posts: 9243
Re: Rookie Question: Implications of selling one mutual fund for another?
« Reply #1 on: October 28, 2018, 06:58:06 PM »
In short, transactions within an IRA have no tax consequences.