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	<title>New answer on: How Do Roth IRA Contributions Affect Taxes?</title>

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		<title>By: Jim Winkler</title>

		<link>http://insurancelibrary.com/retirement-plans/how-do-roth-ira-contributions-affect-taxes</link>

		<dc:creator>Jim Winkler</dc:creator>

		<pubDate>Fri, 05 Sep 2014 20:41:25 +0000</pubDate>

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		<description><![CDATA[That is a great question! I love Roth IRA&#039;s , I believe that they are an excellent part of a solid retirement plan. Since you are making your annual contributions on an after-tax basis, there are no tax consequences, unless you exceed the contribution limits. The money when it is finally available to be withdrawn, is tax free, and that is what makes this such a great deal. I hope that helps, thanks for asking!]]></description>

		

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		<title>By: David Pipes</title>

		<link>http://insurancelibrary.com/retirement-plans/how-do-roth-ira-contributions-affect-taxes</link>

		<dc:creator>David Pipes</dc:creator>

		<pubDate>Fri, 05 Sep 2014 20:34:16 +0000</pubDate>

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		<description><![CDATA[Contributions to your Roth IRA do not have any tax consequences unless you exceed the permissible limits.   Those limits are $5,500 for most people and $6,500 for those 50 and older.  The premium is paid with after-tax dollars just like you would buy a cup of coffee.  When the benefit is received it is free of income tax if you are then over 59.9 and the plan has been in force for five years or more.]]></description>

		

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