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Roth IRA Conversions? Better Wait and See.

Prairie Eco-Thrifter

Because traditional IRAs require the recipient of distributions to pay regular income taxes on all (if the IRA was built with pre-tax contributions) or part (if the IRA was built with after tax contributions) of the money received, many have converted from traditional to Roth in anticipation of a lower total family tax bill. Money Tips'

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If I Won the Lottery…

Nicoles Nickels

I know that I will immediately get a legal and financial advisor, and while I will pay off some bills immediately I won’t make any major changes for 3 months. I will make sure that my grandchildren have a college fund that is untouchable until then or until 30 if they don’t go to college (that’s right - 30 ).