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Can anyone send me to a link that outlines how to invest in an IRA if you are going to exceed the income maximums? I recall reading something about a 6% excise tax, but am not sure if that means you can fund the IRA even if you don't qualify as long as you pay the penalty.

My thoughts are that if the only penalty is the 6% it would be worth it based upon the Roth IRA benefits when funds begin to be withdrawn.

Thank you

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