Thread: General Politics Keynesian Job Program / Stimulus Plan
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Old 02-02-2013, 10:15 PM   #68
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Akhilandeswari
 
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Quote:
Originally Posted by La literatura View Post
It isn't taxed. Putting $5K into a Roth IRA each year not only gets you a deduction, but it also is untaxed when you withdraw it after you retire.
From what I understand, deposits into a Roth IRA are taxed. Traditional IRA's are taxed upon withdrawal.
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