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Personal Investments • Re: I thought I had made a mistake - Roth IRA - I want to avoid distribution taxes

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Why doesn’t the system auto buy the fund once the funds transfer from my checking account?
The system is likely not designed to do that. The system is likely designed to have cash transferred to an account and allowing cash in an account be used to buy investments, such as FZROX, in the account.

Even if a system is designed to accept a buy order to be paid from another account, such as a bank account, it is important to correctly place the order so that the other account is used for the payment.

Statistics: Posted by FactualFran — Tue May 21, 2024 8:19 pm



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