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You are trying to help a friend decide on what type of IRA to use for his retirement plan. How would you outline the differences
You are trying to help a friend decide on what type of IRA to use for his retirement plan. How would you outline the differences between a traditional deductible IRA, a traditional nondeductible IRA, and a Roth IRA to him? (Please explain in detail and emphasize the tax issues of each.)
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