Reduce Your Taxes and Build Retirement Security

PM. Public ManagementVol. 91 Nbr. 2, March 2009

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Summary


With a Traditional IRA, your investments grow tax-deferred, and you pay taxes only when withdrawing funds from your account during retirement. [...] you reach age 59 1/2, withdrawals from a Traditional IRA are generally subject to a 10 percent penalty in addition to income tax, although there are several penalty exceptions.

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Extract


Reduce Your Taxes and Build Retirement Security

Its hard not to notice that it's tax season again, with all the commercials and advertisements promoting tax preparation services. Whether you do them ...

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