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Roth IRA Conversions – When Should I Convert?

Archive for January 2015

Roth IRA Conversions – When Should I Convert?

By Sue Slowinski Individual Retirement Accounts (IRAs) come in two varieties—the traditional IRA and the Roth IRA. The traditional IRA allows you the opportunity to claim a tax deduction on your income tax return for contributions made into the IRA, and you must pay income tax on withdrawals from the IRA. The Roth IRA does…

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