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re: What would you do?

Posted on 7/6/09 at 12:56 pm to
Posted by Ric Flair
Charlotte
Member since Oct 2005
13690 posts
Posted on 7/6/09 at 12:56 pm to
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.

Posted by Tigris
Mexican Home
Member since Jul 2005
12399 posts
Posted on 7/6/09 at 1:07 pm to
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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