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He Bought Pokémon Cards Through His Solo 401(k). The IRS Doesn’t Care That They Outperformed the S&P 500.
Source: 247wallst.com
Tax & TariffsInvestor Sentiment & Positioning
A man's vintage Pokémon cards reportedly outperformed the S&P 500 inside his solo 401(k), but the IRS still assessed him a tax bill in the year he bought them. The article says the triggering rule was unrelated to investment performance; it provides no tax amount or further details.
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