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Tax tips provide timely lessons
With 2013 almost in the books, some last-minute tax moves for your retirement money could help you start 2014 off right. New retirees whose income will be significantly lower this year than it has been or who are picking up self-employed gigs as they downshift into retirement, and anyone who turned 70 1/2 this year should pay especially close attention to these three strategies, experts say: Roth while you can: If you’ve retired but haven’t yet started taking Social Security and large retirement account distributions, you may be in a sweet spot to convert...Read More
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