What is the tax advantage of an traditional IRA?

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1195626

2026-03-22 11:00

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The possibility of not paying some income tax on some of some of your income in the current year but deferring the income into future years after you reach age 59 1/2 and paying the income tax on the taxable amount of the distributions at that time in the future.

Go to the IRS gov web site and use the search box for Publication 590 Individual Retirement Arrangements (IRAs)

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