Traditional IRA sell question

[Armanii]

I bought VOO for $7000 in 2024 using the funds from my Traditional IRA account

i like to sell the VOO and buy a different ETF 

Please help with below - 

Will the money come back to my Traditional IRA account once I sell it ? 
do I need to declare/ pay taxes on the gains once I sell ? 
 

Tradional IRA account is with Fidelity in case that matters 

[yemdoing]

1 hour ago, Armanii said:

I bought VOO for $7000 in 2024 using the funds from my Traditional IRA account

i like to sell the VOO and buy a different ETF 

Please help with below - 

Will the money come back to my Traditional IRA account once I sell it ? 
do I need to declare/ pay taxes on the gains once I sell ? 
 

Tradional IRA account is with Fidelity in case that matters 

Taxes , you have to pay .

money will be in the same account. ( MOney will come back)

move ( rollover) that to ROTH IRA, then for future transaction you don't have to pay taxes.

OGs correct me if I am wrong.

[ChanceCoffeeLover]

22 minutes ago, Armanii said:

Will the money come back to my Traditional IRA account once I sell it ? 

Yes

22 minutes ago, Armanii said:

do I need to declare/ pay taxes on the gains once I sell ? 

No

 

[krishnaaa]

43 minutes ago, yemdoing said:

Taxes , you have to pay .

money will be in the same account. ( MOney will come back)

move ( rollover) that to ROTH IRA, then for future transaction you don't have to pay taxes.

OGs correct me if I am wrong.

You dont have to pay taxes on traditional ira till you take them out of the ira.

I trade regularly in my Trad ira....never paid any tax.

[Ravi860]

21 minutes ago, krishnaaa said:

You dont have to pay taxes on traditional ira till you take them out of the ira.

I trade regularly in my Trad ira....never paid any tax.

which broker allowing you to trade with traditional IRA account? it is through empower for mine can't do anything.

[krishnaaa]

16 minutes ago, Ravi860 said:

which broker allowing you to trade with traditional IRA account? it is through empower for mine can't do anything.

I moved to Robinhood when they were runnin 3% promotion.

[chingchang]

2 hours ago, Armanii said:

I bought VOO for $7000 in 2024 using the funds from my Traditional IRA account

i like to sell the VOO and buy a different ETF 

Please help with below - 

Will the money come back to my Traditional IRA account once I sell it ? 
do I need to declare/ pay taxes on the gains once I sell ? 
 

Tradional IRA account is with Fidelity in case that matters 

nope no need to pay any taxes on gains as long as you dont withdraw .. traditional always stays on pre tax bucket and you only pay taxes when you withdraw or convert to roth