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> which I assume aren't taxed?

It depends on which kind of retirement account. Might be in Roths and Roths-401Ks which are taxed when the money goes in (treated as regular income), or IRAs and regular 401Ks which are taxed as regular income when the money comes out.



But neither Roth nor Traditional 401k/403b/457/IRA are subject to capital gains tax.




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