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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Jan 20, 1982
Page
12
A farmer notes that IRAs grow tax deferred until withdrawal with penalties for early money. Contributions limit individuals to 2000 annually, 2250 for some spousal plans, or 17000 if paired with a Keogh. Withdrawals before age 59% incur 10 percent penalties plus ordinary taxes. Rules cover deadlines, rollover options, multiple accounts, fees, and insured vs non insured investments.
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