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First of all, is there a concept of a Roth IRA? A Roth IRA is often a modified individual retirement account that permits individuals to schedule income after-tax to a specified amount every year. The earnings for the account are tax-free and will be withdrawn tax-free when you get to the chronilogical age of 59 and a half. Although you avoid getting a sudden tax break with a Roth IRA just like you do which has a traditional IRA, you will not pay any tax afterwards.
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