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Community: Investing Wiki

Term Of The Hour

IRA tax refund: Original post by Maggie McCormick of Demand Media The traditional IRA is a tax-deferred retirement investment vehicle, which means that you won't have to pay taxes on the money until you start to make withdrawals. This can work out to your favor if you're expecting a refund, increasing the amount you'll receive. The maximum amount that you can contribute to an IRA is $5,000 as of the time of…

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