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Even when people are warned of the tax dangers of withdrawing from a traditional retirement account, they seldom account for it, a study reveals. fizkes / Shutterstock.com
One of the toughest decisions we face when saving for retirement boils down to this: traditional IRA or Roth IRA? Many of us also have to choose between traditional and Roth when making 401(k) contributions. In truth, there is no easy answer to the question of which approach is better. However, if you choose the traditional route, you might be at greater risk of running out of money than if…
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