A regular IRA requires taxes be paid at the time the money is removed from the plan.What is the after-tax value of a $5,000 deposit into an IRA today that generates an 8% return for 20 years if the investor is taxed at the 28% level?

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The Answer of A regular IRA requires taxes be paid at the time the money is removed from the plan.What is the after-tax value of a $5,000 deposit into an IRA today that generates an 8% return for 20 years if the investor is taxed at the 28% level?

A Regular IRA Requires Taxes Be Paid at the Time