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4) Are you about to retire? Any amounts withdrawn from a retirement plan before your 59 1/2 are depending upon early withdrawal penalties plus it'll be treated as regular taxable income. No early withdrawals!

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In 2003 the JGTRRA, or Jobs and Growth Tax Relief Reconciliation Act, was passed, expanding the 10% tax bracket and accelerating some in the changes passed in the 2001 EGTRRA.

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