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linv08 linv08
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8 months ago
Roth IRAs

▸ allow pretax contributions and early withdrawal for first-time home purchases.

▸ allow pretax contributions and deferral of taxation on investment earnings.

▸ have lower income limitations than traditional deductible IRAs.

▸ must be funded with after-tax contributions but contributions can be withdrawn at retirement tax-free.
Textbook 
Personal Finance

Personal Finance


Edition: 2nd
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penmcpenmc
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8 months ago
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