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URL:  http://boards.fool.com/joe-you-wrote-in-part-in-simple-terms-your-iras-10344648.aspx

Subject:  Re: Taxes due at withdrawal Date:  9/29/1998  5:38 PM
Author:  TMFPixy Number:  5729 of 75530

Joe, you wrote in part:

In simple terms your IRA's are worth $20,000 and your non deductible contributions are $2000 (10%) so you pay taxes on 90% of your distributions.

In this calculation all IRA's are added together and treated as 1 IRA. it doesn't matter which IRA you actually take the distributions from.
>

By jove, I think you've got it! :-) Great reply. Thanks.

Regards....Pixy
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