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tax exemption

10 Reasons to Convert to a Roth IRA

The Roth IRA For Many Is A Staple to Effective Retirement Planning… 1. Taxpapers that have favorable tax features, such as a high basis ratio, charitable deduction carry-forwards, investment tax credit, etc. This is because these attributed reduce the effective tax rate of the conversion. 2. Suspension of the minimum distribution rules at age 72 provides a substantial advantage to the R...
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