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Community: Investing Wiki

Term Of The Hour

higher tax bracket: Original post by Mark Kennan of Demand Media Converting from a traditional IRA to a Roth IRA allows you to pay taxes at your current rate to avoid paying income taxes on the distributions from the account. Roth IRA conversions make sense particularly when you find yourself in a lower income tax bracket than you expect to be in at retirement. However, depending on your other income and your…

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