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re: What would you do?
Posted on 7/6/09 at 12:56 pm to Tigerz
Posted on 7/6/09 at 12:56 pm to Tigerz
things to add:
Savings for the kid's college (start a 529 for tax savings)
Roth IRA (or traditional IRA if your gross income is too high, to roll into a roth (I believe in 2010) when they do away with income limits.
Savings for the kid's college (start a 529 for tax savings)
Roth IRA (or traditional IRA if your gross income is too high, to roll into a roth (I believe in 2010) when they do away with income limits.
Posted on 7/6/09 at 1:07 pm to Ric Flair
quote:
Roth IRA
+1
Max it out, especially since the mortgage is only 4.8%. $115k/year for a couple is well below the maximum limit for a Roth.
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