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distribution
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Note: Contributions to a Roth IRA are nondeductible, but earnings build up tax flee; taxpayers can eventually take out qualified distributions and related earnings without paying taxes. IRC section 72(t) imposes a 10% penalty on early distributions (before age 591/2) from qualified retirement plans. Each Fund's Board of Directors remains convinced that its shareholders are well served by a policy of regular distributions which increase liquidity and provide flexibility to individual shareholders in managing their investment. |
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