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How to mitigate the taxes that come with a Roth IRA conversion? IRA investors should consider implementing a charitable lead annuity trust when converting some of their funds into Roth to mitigate the tax bite, according to this article on MarketWatch. That's because setting up a CLAT results in a one-time upfront Schedule A charitable deduction, which can offset any increase in taxable income as an outcome of the Roth conversion.

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