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Posted on 7/6/09 at 1:14 pm to Tigris
quote:
$115k/year for a couple is well below the maximum limit for a Roth.
Their take home is $115k/year, so I'm guessing gross is around 170-180K/year (if they live in LA).
Posted on 7/6/09 at 1:43 pm to Tigris
quote:
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.
Just asking, but why is this a good idea when their marginal rate is so high?
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