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Tax Changes Make Non-Deductable IRAs More Appealing

The non-deductible IRA may become more popular because it allows investors to avoid a 3.8% Medicare surtax on net investment income that started earlier this year, reports the Nerd’s Eye View.

While contributions to such accounts are limited to $5,500, compounding of returns can result in the retirement assets growing substantially.

Read the full article from Nerd’s Eye View here.

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