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Thinking of Revisiting That Roth Conversion? Try a ‘Recharacterization’
Recall the special rule, beginning with the 2010 tax year, which allowed taxpayers to convert a traditional IRA to a Roth IRA regardless of his or her adjusted gross income. And along with that rule...
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Defined Benefit Pension Plan — A Tax Shelter Worth Considering
Taxpayers are generally familiar with any number of retirement savings vehicles which the law allows, ranging from the simplest and probably most common “Individual Retirement Account” (IRA) to plans...
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Increasingly Ominous Social Security Outlook
Recent news from the Social Security Administration’s (SSA) Office of the Chief Actuary indicates that the Social Security wage base will increase from $110,100 presently to $113,700 in 2013, or an...
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