You client is considering making a contribution to either a traditional IRA or Roth IRA for the
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You client is considering making a contribution to either a traditional IRA or Roth IRA for the current tax year and asks for your tax advice? Briefly explain the difference in material tax benefits of and differences between a traditional versus Roth IRA and how your client's current age and current marginal income tax rate may impact their decision.
Related Book For
Accounting for Governmental and Nonprofit Entities
ISBN: 978-0078110931
16th Edition
Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus
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