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	<title>Comments on: Maximize Year-End Retirement Savings Contributions</title>
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		<title>By: Ilyce Glink, Managing Editor, Equifax Finance Blog</title>
		<link>http://blog.equifax.com/retirement/maximize-year-end-retirement-savings-contributions/#comment-2012</link>
		<dc:creator>Ilyce Glink, Managing Editor, Equifax Finance Blog</dc:creator>
		<pubDate>Wed, 08 Feb 2012 20:33:54 +0000</pubDate>
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		<description><![CDATA[Steve:

Thanks for the contribution.]]></description>
		<content:encoded><![CDATA[<p>Steve:</p>
<p>Thanks for the contribution.</p>
]]></content:encoded>
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		<title>By: Uncle IRA</title>
		<link>http://blog.equifax.com/retirement/maximize-year-end-retirement-savings-contributions/#comment-681</link>
		<dc:creator>Uncle IRA</dc:creator>
		<pubDate>Wed, 21 Dec 2011 01:12:16 +0000</pubDate>
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		<description><![CDATA[Keep in mind that Roth Conversions need to be completed by December 31st! Also, IRA plans don’t need to be created by year end to make 2011 contributions. Consider looking into a Self Directed IRA at New Direction IRA. http://newdirectionira.com! Thanks!]]></description>
		<content:encoded><![CDATA[<p>Keep in mind that Roth Conversions need to be completed by December 31st! Also, IRA plans don’t need to be created by year end to make 2011 contributions. Consider looking into a Self Directed IRA at New Direction IRA. <a href="http://newdirectionira.com" rel="nofollow">http://newdirectionira.com</a>! Thanks!</p>
]]></content:encoded>
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		<title>By: Steve MoneyPlanSOS Stewart</title>
		<link>http://blog.equifax.com/retirement/maximize-year-end-retirement-savings-contributions/#comment-680</link>
		<dc:creator>Steve MoneyPlanSOS Stewart</dc:creator>
		<pubDate>Mon, 19 Dec 2011 15:55:55 +0000</pubDate>
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		<description><![CDATA[I can agree with all but one sentence, and it’s really just about the way a few words were written:

The statement “you will pay taxes on your contribution” makes it sound like you will have to pay taxes later if you put money in a Roth today. A better way to state this would be to say “there is no tax deduction on Roth IRA contributions” since contributions to a ROTH are after-tax anyway (money goes in after taxes were taken out). There is nothing further to be done, even when filing taxes in April.

You know, for me it’s a “my glass is half-full” kinda thing.]]></description>
		<content:encoded><![CDATA[<p>I can agree with all but one sentence, and it’s really just about the way a few words were written:</p>
<p>The statement “you will pay taxes on your contribution” makes it sound like you will have to pay taxes later if you put money in a Roth today. A better way to state this would be to say “there is no tax deduction on Roth IRA contributions” since contributions to a ROTH are after-tax anyway (money goes in after taxes were taken out). There is nothing further to be done, even when filing taxes in April.</p>
<p>You know, for me it’s a “my glass is half-full” kinda thing.</p>
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