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10 IRA mistakes to avoid

  • Investors should not wait until the last minute to contribute to an IRA, as this can reduce their investment's compounding time before retirement.
  • All investors must comply with the five-year rule for Roth IRAs before withdrawing assets, complicating early withdrawals.
  • Choosing between Roth and traditional IRAs should consider current and future tax brackets, and not all options are off-limits for high earners.
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10 IRA mistakes to avoid

From contributions to conversions to distributions, don’t fall into these traps.

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trend.sk broke the news in on Tuesday, March 25, 2025.
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