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Financial Planning / Tax Strategies


Subject:  Re: IRA understanding Date:  12/8/2007  1:11 PM
Author:  reallyalldone Number:  97118 of 124773

We are investing some inheritance money so the problem is not affording the contributions, but legally sheltering all possible income from current and future tax.

Don't let the tax tail wag the dog. If you are planning to retire early, paying capital gains on a taxable account may be more advantageous than paying income tax on IRA money. Of course, the tax crystal ball needs to accurate, too.

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