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IRA conversions: Original post by Nola Moore of Demand Media Converting a traditional IRA to a Roth IRA can offer big tax benefits down the road, as Roth IRA earnings aren't taxed if you follow withdrawal rules. The conversion can be a big drawback now, though, since you must pay tax on the balance of your traditional IRA in order to make it a Roth. The last thing you want is a tax penalty -- but if you don't pay…

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