By Boyd D. Hudson and Elizabeth B. Blakely
Since 1998, taxpayers have had the opportunity to contribute to a Roth Individual Retirement Arrangement. References hereinafter to "IRA" shall mean a traditional IRA. Unlike an IRA where the taxpayer is entitled to an income tax deduction for his contribution, no deduction is available for a Roth contribution. Like an IRA, the earnings on the Roth are not subject to current taxation. But unlike an IRA ...
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