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Community: Investing Wiki

Term Of The Hour

Roth IRA conversion: Original post by Leslie McClintock of Demand Media Many people are attracted by the tax-free growth offered in Roth IRA accounts: It simplifies retirement planning and eases potential estate tax burdens. But until recently, there was an income cap of $100,000 on conversions to Roth IRAs. That income cap was lifted in 2010, allowing anyone to roll unlimited traditional IRA balances into Roth…

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