Break on IRA Donations Extended in Payroll Tax-Cut Bill

Editor’s note: As pointed out by several readers in the comments below this item, The Record incorrectly reported news about an extension of a tax break for older donors who want to give up to $100,00 from their individual retirement accounts. Congress did not include anything about the tax break in the payroll-tax measure, so it will expire at year’s end. We have removed the summary to avoid misleading readers.

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