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Earn Too Much For a Roth IRA? Nonsense!
Do you earn too much to make a Roth IRA contribution? Under IRS rules, you’re prohibited from making a Roth IRA contribution if your modified adjustable gross income is more than: $183,000 if you’re...
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Dave Ramsey Might Think I’m Crazy. Here’s Why:
When I first read, Total Money Makeover, back in 2003, I was excited to find another personal finance expert that shared my recommendations regarding saving for retirement. One of Dave’s core tips...
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7 Things You MUST Know About the Roth IRA for 2013
Does your Roth IRA measure up? When you’re at the point in your life where you are adding to your Roth IRA in order to help plan for a stable and enjoyable retirement, it makes sense to have all of the...
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Are Roth IRA Contributions Tax Deductible?
Are Roth IRA contributions tax deductible? The simple answer is no. But a more nuanced answer will note that although Roth IRA contributions themselves are not tax deductible, you can claim a Roth IRA...
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