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Money contributed into a Traditional IRA is deductible when contributed and taxable when distributed. Money contributed into a Roth are not deductible but are also non-taxible if you meet certain requirements. You can always take out your own contribution, tax-free from a Roth.
Money contributed into a Traditional IRA is deductible when contributed and taxable when distributed. Money contributed into a Roth are not deductible but are also non-taxible if you meet certain requirements. You can always take out your own contribution, tax-free from a Roth.
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