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Forum: The Stock Market

12-07-2005, 01:17 AM

Replies: 33

IRA Help for a Professional Poker Player

Views: 171

Posted By AceHigh

Re: IRA Help for a Professional Poker Player

I wasn't sure how pro players paid taxes and the SS tax. I thought you guys might not have to contribute.

Forum: The Stock Market

12-04-2005, 09:47 PM

Replies: 33

IRA Help for a Professional Poker Player

Views: 171

Posted By AceHigh

Re: IRA Help for a Professional Poker Player

The question is, do you want to avoiding paying taxes on some of your investment money in return for not having convienent access to it or not? The higher the tax bracket, the better that deal is.
...

Forum: The Stock Market

12-04-2005, 06:27 PM

Replies: 33

IRA Help for a Professional Poker Player

Views: 171

Posted By AceHigh

Re: IRA Help for a Professional Poker Player

[ QUOTE ]

Also, why wouldn't I want to just take the money and invest it on my own. Then I don't have to worry about some stupid 10% early withdrawal fee in case I need the money?

[/ QUOTE ] ...

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