<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: Lower Your Taxes:  Contribute to a Traditional IRA</title>
	<atom:link href="http://www.providentplan.com/541/lower-your-taxes-contribute-to-a-traditional-ira/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.providentplan.com/541/lower-your-taxes-contribute-to-a-traditional-ira/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=lower-your-taxes-contribute-to-a-traditional-ira</link>
	<description>Personal Finance from a Christian Perspective</description>
	<lastBuildDate>Tue, 27 Jul 2010 12:00:42 +0000</lastBuildDate>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.0</generator>
	<item>
		<title>By: Paul Williams</title>
		<link>http://www.providentplan.com/541/lower-your-taxes-contribute-to-a-traditional-ira/#comment-3607</link>
		<dc:creator>Paul Williams</dc:creator>
		<pubDate>Tue, 06 Oct 2009 18:27:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.providentplan.com/?p=541#comment-3607</guid>
		<description>Evolution of Wealth:

It sounds like we&#039;re debating definitions rather than misinformation.  A person who makes a Traditional IRA contribution and sees their tax bill go down is going to say they received tax savings this year.  Yes, they&#039;ll pay taxes later when they withdraw the money, but they did save on taxes today.

When we look at specific situations, contributing to a Traditional IRA &lt;em&gt;could&lt;/em&gt; result in &quot;tax savings&quot;, even by your definition, if it lowers their AGI enough to make them eligible for other tax savings they would not have otherwise received.  The same could be said if we&#039;re comparing contributing to a Traditional IRA versus a taxable account.  You&#039;d save on taxes there by any definition.</description>
		<content:encoded><![CDATA[<p>Evolution of Wealth:</p>
<p>It sounds like we&#8217;re debating definitions rather than misinformation.  A person who makes a Traditional IRA contribution and sees their tax bill go down is going to say they received tax savings this year.  Yes, they&#8217;ll pay taxes later when they withdraw the money, but they did save on taxes today.</p>
<p>When we look at specific situations, contributing to a Traditional IRA <em>could</em> result in &#8220;tax savings&#8221;, even by your definition, if it lowers their AGI enough to make them eligible for other tax savings they would not have otherwise received.  The same could be said if we&#8217;re comparing contributing to a Traditional IRA versus a taxable account.  You&#8217;d save on taxes there by any definition.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Evolution Of Wealth</title>
		<link>http://www.providentplan.com/541/lower-your-taxes-contribute-to-a-traditional-ira/#comment-3605</link>
		<dc:creator>Evolution Of Wealth</dc:creator>
		<pubDate>Tue, 06 Oct 2009 18:04:03 +0000</pubDate>
		<guid isPermaLink="false">http://www.providentplan.com/?p=541#comment-3605</guid>
		<description>I&#039;m not in any way trying to say one is better than the other.  That depends on the person and situation.  What I&#039;m saying is that this &#039;tax savings&#039; is misinformation.  If you said you wanted to pay less taxes today than I would agree with you but there is no savings.</description>
		<content:encoded><![CDATA[<p>I&#8217;m not in any way trying to say one is better than the other.  That depends on the person and situation.  What I&#8217;m saying is that this &#8216;tax savings&#8217; is misinformation.  If you said you wanted to pay less taxes today than I would agree with you but there is no savings.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Paul Williams</title>
		<link>http://www.providentplan.com/541/lower-your-taxes-contribute-to-a-traditional-ira/#comment-3601</link>
		<dc:creator>Paul Williams</dc:creator>
		<pubDate>Tue, 06 Oct 2009 15:41:37 +0000</pubDate>
		<guid isPermaLink="false">http://www.providentplan.com/?p=541#comment-3601</guid>
		<description>Evolution of Wealth:

The point of these articles is not to debate which retirement investment options are best.  I agree with you that a Roth IRA is probably a better long-term choice, and that&#039;s what I use myself.  But this article was written to point out ways you can save on your taxes today if you need to.</description>
		<content:encoded><![CDATA[<p>Evolution of Wealth:</p>
<p>The point of these articles is not to debate which retirement investment options are best.  I agree with you that a Roth IRA is probably a better long-term choice, and that&#8217;s what I use myself.  But this article was written to point out ways you can save on your taxes today if you need to.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Evolution Of Wealth</title>
		<link>http://www.providentplan.com/541/lower-your-taxes-contribute-to-a-traditional-ira/#comment-3594</link>
		<dc:creator>Evolution Of Wealth</dc:creator>
		<pubDate>Tue, 06 Oct 2009 13:02:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.providentplan.com/?p=541#comment-3594</guid>
		<description>What you are saying is the popular belief.  However, I don&#039;t necessarily agree.  You are not saving on taxes you are instead deferring them in hopes to pay less later.  I worry about people that become dependant on hope instead of taking more control over the situation.  I actually did a multi-part post questioning tax savings.  Here&#039;s the last part with links to the others. http://evolutionofwealth.com/2009/09/20/tax-savings-the-finale/
I look forward to hearing your thoughts.</description>
		<content:encoded><![CDATA[<p>What you are saying is the popular belief.  However, I don&#8217;t necessarily agree.  You are not saving on taxes you are instead deferring them in hopes to pay less later.  I worry about people that become dependant on hope instead of taking more control over the situation.  I actually did a multi-part post questioning tax savings.  Here&#8217;s the last part with links to the others. <a href="http://evolutionofwealth.com/2009/09/20/tax-savings-the-finale/" rel="nofollow">http://evolutionofwealth.com/2009/09/20/tax-savings-the-finale/</a><br />
I look forward to hearing your thoughts.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Festival of Frugality #198 -- Signs of the Times Edition</title>
		<link>http://www.providentplan.com/541/lower-your-taxes-contribute-to-a-traditional-ira/#comment-3583</link>
		<dc:creator>Festival of Frugality #198 -- Signs of the Times Edition</dc:creator>
		<pubDate>Tue, 06 Oct 2009 02:15:49 +0000</pubDate>
		<guid isPermaLink="false">http://www.providentplan.com/?p=541#comment-3583</guid>
		<description>[...] Williams presents Reduce Your Taxes: Contribute to a Traditional IRA posted at Provident [...]</description>
		<content:encoded><![CDATA[<p>[...] Williams presents Reduce Your Taxes: Contribute to a Traditional IRA posted at Provident [...]</p>
]]></content:encoded>
	</item>
</channel>
</rss>
