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Community: Investing Wiki

Term Of The Hour

undoing IRA conversions: Original post by Dale Bye of Demand Media Through a partial individual retirement account (IRA) recharacterization, you can lower the tax consequences of a conversion from a traditional IRA to a Roth IRA. You also can switch a contribution between IRA categories -- from an after-tax Roth to a tax-deductible or the other way. It's important to follow the IRS recharacterization rules carefully.…

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