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How Roth conversions could slash Trump’s $40,000 ‘SALT’ deduction

Pelican Press

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President Donald Trump signs the sweeping spending and tax legislation, known as the “One Big Beautiful Bill Act,” at the White House in Washington, D.C., U.S., July 4, 2025. Ken Cedeno | Reuters Roth individual retirement account conversions have become a popular way for investors to reduce lifetime taxes. But for some high earners, the strategy could hurt eligibility for the…

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