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Community: Investing Wiki

Term Of The Hour

IRA tax rules: Original post by Jane Meggitt of Demand Media Taxes on individual retirement account redemptions or withdrawals depend on the type of IRA account, age of the redeemer and reason for the redemption. IRAs are vehicles for retirement saving and may be tax-deductible or tax-free depending on the type of IRA and the taxpayer's adjusted gross income or other retirement plan options.

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