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    Community: Investing Wiki

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    liquidating IRAs gifts: Original post by Wilhelm Schnotz of Demand Media Individual retirement accounts were created to encourage workers to build nest eggs that are able to grow quickly because of their tax-deferred status. Ideally, assets in an IRA are destined to help fund an investor’s retirement. The tax benefit extended to these assets isn’t meant to be used for other purposes. Because of this,…

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