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Making Cents: Another Blessing to Count

September 22, 1996

After a decade of bull markets, there are some folks have so much money in their individual retirement accounts that they have to pay an extra 15% tax on annual withdrawals above $155,000--yes, some accounts are big enough to require minimum annual payouts that high. But a new tax law is coming to the rescue--the tax will be waived for the next three years, so you can enjoy your fortune without guilt.

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