As the title says, would it make sense to sell off my individual trading account and transfer the funds into my Roth IRA for retirement? I want to max out the contribution limit and I have the funds to do so, albeit in my individual account. I want to do it, but I don’t want to be caught off guard with any surprises.
This is what I’m considering:
\- How would this move effect my taxes in retirement?
\- How much in taxes would I need to pay next year?
\- Would this move be beneficial in the long run (30-40 years)?