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Greetings, Donna, and welcome. You wrote:

<<Why would the the money be taxed at 28% when you withdraw, if you are retired and you base your withdrawals so as not to be within the 28% tax level? I think, perhaps, financial planning may be in order at this point.>>

That's possible, but not too likely for many retirees who desire to maintain a living standard comparable to what they enjoy today. It's a myth that most retirees will see their taxes fall into the 15% bracket in retirement. Most couple who planned well for retirement will remain in the lower to mid-range of the 28% marginal bracket, and that's especially true of Foolish investors. However, that's not to say it isn't possible to do what you propose. It's just exceedingly difficult and requires very adroit and sophisticated planning.

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