Ira Conversions

Congress giveth and Congress taketh away, as witness the latest tune-up for the Roth Individual Retirement Account. In "technical corrections" likely to become law in mid-July, Congress is tinkering with rules that could affect IRA owners thinking of converting old accounts to Roth IRAs. Roth IRAs don't give a tax break on deposits but allow both deposits and earnings to be withdrawn tax-free in retirement.

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