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SECURE ACT effective 1/1/2020
Posted by Art_FL of PA on 1/9/20 12:27pm Msg #614456
For one still working who is required to take IRA distributions, for the 2020 tax year an individual may begin to contribute up to $7000. This can reduce taxable income & lessen the tax impact of the minimum required distribution which those 72 & over must take.
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 SECURE ACT effective 1/1/2020 - Art_FL on 1/9/20 12:27pm
 Re: SECURE ACT effective 1/1/2020 -  Cheryl Elliott on 1/9/20 12:47pm



 
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