@paul If you sell stonk tho wouldn’t you still have to pay the taxes on the gains you made for selling? I guess Im assuming that you’re a US citizen where there’s a tax code for everything 🇺🇸🙃
@nik you are correct, next year I'll have to pay taxes on the gains at one rate. This year I get to deduct the full amount I'm contributing to the IRA at another slightly higher rate.