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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.26+0.1%12:26 PM EST

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To: Greg Jung who wrote (10398)11/12/1997 7:53:00 AM
From: Zoltan!  Read Replies (1) of 77400
 
Greg, Tony and Yaacov:

Think about a Roth IRA and think about it for next year.

If you have a current IRA you get four years to roll it over. That limits the tax bite to some extent. The money will then accrue essentially tax free so long as it is not distributed before reaching 59.5.

A big additional benefit concerns estate planning, traditional IRA's are decimated by taxes at death, while Roth IRA's are to be taxed like other assets.

vanguard.com

Regards

BTW, I would still have some Cisco in there.
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