Notes
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Make Money
- Stocks
- Bonds
- ETC.
Government takes money on both Income and Capital Gains without IRA
IRA Prevents Government from Taxing You
Roth IRA Taxes before Money goes In
Normal IRA is Taxed when Money is Taken Out
Must Be 59 1/2 Years Old to Take Money Out or You Get a 35% Penalty Fee
Still Penalized for Interest that is Removed (Only Contributions can be Taken without Being Penalized)
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