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Politics : The Next President 2008

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To: Kenneth E. Phillipps who wrote (2855)4/25/2008 7:10:29 PM
From: tonto  Read Replies (1) of 3215
 
Correct, they have current pretax contributions and growth and then you are charged at ordinary income rates which can create higher brackets at time of withdrawal.

The government taxes you at a higher rate when you take the money out and need it the most...
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