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Community: Investing Wiki

Term Of The Hour

Roth conversion benefits: Original post by Ciaran John of Demand Media The money that you invest in a Roth individual retirement account, or IRA, grows tax-deferred in the same way that money grows inside a traditional IRA. However, Roth IRAs provide you with the opportunity for tax-free income, while traditional IRAs provide you with taxable income during your retirement years. By moving money from a traditional IRA to a…

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