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Message
re: Contribute to an IRA or not
Posted on 6/4/13 at 1:38 pm to Spirit of Dunson
Posted on 6/4/13 at 1:38 pm to Spirit of Dunson
quote:
Is there any benefit to this situation?
Tax deferred growth. That's kind of a big deal.
Posted on 6/4/13 at 1:40 pm to Broke
quote:Even if my effective tax rate is going up? Or is the idea that you only withdraw when you are done working and your AGI is nill?
ax deferred growth.
What if I never quit working?
Posted on 6/5/13 at 8:17 pm to Broke
quote:
Tax deferred growth. That's kind of a big deal.
Broke, if someone contributes to a traditional IRA and does not get to take the tax deduction because of high income, how is this tracked so that when it is withdrawn it is not taxed again?
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