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The Rules for Roth Contributions

Retirement Answer Man

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How to Use Legacy Money to Pre-Pay Taxes

If your intent is to not leave a big tax bill to your family, that means you and your spouse are going to have a lot of money in post-tax assets. So the question becomes: Is it worth using some of that legacy money to pre-pay the taxes over a number of years or all in one year? There's a lot that can be of value there outside of the math,. Each of us is going to have to make a judgment call there.

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