There still might be time to cut your tax bill with IRAs

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There still might be time to cut your tax bill with IRAs

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February 4, 2020 , , ,

2019 IRA contribution
If you’re getting ready to file your 2019 tax return, and your tax bill is higher than you’d like, there may still be an opportunity to lower it. If you qualify, you can make a deductible contribution to a traditional IRA right up until the Wednesday, April 15, 2020, filing date and benefit from the resulting tax savings on your 2019 return.

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Taking distributions from your traditional IRA

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August 20, 2019 , ,

IRA distributions

If you’re like many people, you’ve worked hard to accumulate a large nest egg in your traditional IRA (including a SEP-IRA). It’s even more critical to carefully plan for withdrawals from these retirement-savings vehicles.
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