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Community: Investing Wiki

Term Of The Hour

give IRA charity: Original post by Maggie McCormick of Demand Media When you turn 70 1/2, you must begin taking the required minimum distribution from your traditional IRA accounts. The amount is based on how much money you have in the account and how long you are expected to live. Typically, you have to pay taxes on these distributions and if you have accumulated a sizable amount in the IRA, it could create a…

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