Thu, 24 Mar 2011
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Morningstar's Christine Benz discusses how to improve your take-home return by reducing the drag of unnecessary tax exposure.
Health-savings accounts can be used to save for long-term-care costs in retirement, while a Roth IRA can double as an emergency fund or a vehicle for college savings, says Morningstar's Christine Benz .
IRA expert Ed Slott discusses the pros and cons of leaving an IRA to a spouse, children or grandchildren, a trust, or a charity.
Even if your tax bracket doesn't change, using a Roth can mean 20% or more aftertax income in retirement versus a Traditional IRA , says T. Rowe Price senior financial planner Christine Fahlund.
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