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Kiplinger
Kiplinger
Business
Nicholas Shaheen, CFP®, CIMA®

Tax Diversification: Smart Ways to Preserve Your Nest Egg

Three eggs imprinted with hundred-dollar bills in a nest.

Remember when you first started saving for retirement with a tax-deferred investment plan? Back then, the idea of putting your savings into a traditional IRA, 401(k) or similar retirement plan probably seemed almost too good to be true.

An account that reduces your taxable income upfront while also offering tax-deferred investment growth? Who wouldn’t see the appeal?

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