I put tax-deductible and nondeductible money in my IRA. What comes out first? — Duane Hoffmeyer, Mesa, Ariz.
Most money in traditional IRAs comprises tax-deductible contributions and any account earnings over the years, all of which is taxable when you pull the money out. You evidently also made nondeductible, after-tax contributions, which exit your IRA tax-free.
To answer your question, the funds come out simultaneously. Add up your after-tax contributions. The percentage of MOREMar 31, 2013 3:17 PM ET
For $7,000, I can get a backup generator installed. Will it help my home's resale value? — Paul Ballas, Blue Bell, Pa.
It depends where you live, says Carolyn Cedar, a broker at Douglas Elliman Real Estate in Brooklyn. A permanent generator at that price — typically running on propane or natural gas and able to power a large house — may be seen as a plus in an area prone to MOREMar 18, 2013 5:30 AM ET
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