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Roth accounts offer no current-year tax benefit, but they can provide tax-free retirement income.
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Unlike retirement accounts, there are no federal contribution limits for variable annuities, and the investment gains won’t be taxed until they are withdrawn.
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Even small online purchases that are shipped from outside the United States must now pass through customs — and are likely to incur duties.
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This article provides an overview of rules, options, and strategies for taking required minimum distributions (RMDs).