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Community: Investing Wiki

Term Of The Hour

IRA conversion process: Original post by Wilhelm Schnotz of Demand Media In 2010, the Internal Revenue Service's one-time conversion rule allowed investors to convert a traditional IRA to a Roth IRA and spread taxes over a three-year period, triggering a rush of conversions as retirement planners took advantage of the exception to normal tax laws. While those allowances are a thing of the past, many people opt to convert…

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