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Subject:  Re: Diff between 401K,regular IRA, brokerage acc Date:  3/31/2008  4:33 PM
Author:  ptheland Number:  62076 of 88775

My CPA informed me that adding to a rollover IRA creates confusion when its time to start making withdrawals during retirement. For withdrawals from 401K, you pay federal tax, but for withdrawals from a regular IRA, you pay federal and state taxes.

Does this sound right ?

What state are you in?

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