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Tax Package Makes IRA Conversions Easier
SmartMoney
Dec. 13, 2010
Excerpt: This year, all retirement savers have had the opportunity to convert a traditional IRA to a Roth -- paying taxes on their nest egg today, in exchange for tax-free retirement income tomorrow. But without clarity on tomorrow's tax rates, it's been hard to know what to do, or when to do it. Now, if the tax proposal agreed upon this week by the White House and Republicans becomes law, savers will have three weeks of clarity in which to make their decision.
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