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PFA Ponderings

ROTH OR NOT?

By PFA Ponderings

The 1997 Taxpayer Relief Act, like most tax code overhauls, was born out of bits and pieces of manipulation. The most memorable of these was an initiative brought forth by Senator William Roth of Delaware.  The Individual Retirement Account, legislated into existence in 1974, had become a staple of individual…

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Geeky Bond Math Made (somewhat) Simple.

By PFA Ponderings

In the universe of capital market investments, it seems there’s no area more confounding than the ‘debt markets’.  Clients and advisors alike project a look of semi-understanding when bonds and all of their quirky dynamics come into the equation. Bonds are easy, as long as we remember one thing:  they’re…

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