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re: Various Financial Questions

Posted on 1/3/13 at 1:25 pm to
Posted by Lsut81
Member since Jun 2005
80244 posts
Posted on 1/3/13 at 1:25 pm to
quote:

Contribute to 401k up to company match.


Current company doesn't have a 401k plan

quote:

Max Roth IRA ($5000)


Plan on opening one and can do that

Posted by BigBoyTiger
Cleveland
Member since Aug 2005
9578 posts
Posted on 1/3/13 at 1:39 pm to
Save 3-6 months worth of expenses in a savings account.

Then start a discretionary investment account to invest in ETFs and stocks after you have maxed out your traditional IRA.
Posted by polizei11
Houston
Member since May 2009
1135 posts
Posted on 1/3/13 at 1:40 pm to
That opens up other avenues.

1.) Roth or Traditional IRA
2.) Low Cost Investments (Index Funds, ETFs, Tax Free Municipal Bonds)
3.) Insurance Products
4.) Plead with your employer to get a 401k/403b/SEP-IRA
5.) Kids? 529 funds
6.) Health Savings Account? Odds are your company doesn't provide this if you don't have a 401k but worth a shot to ask.
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