10-31-2007, 03:25 PM
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#1 |
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Greenhorn
Join Date: Jul 2006
Posts: 9
Rep Power: 0  |
Investing...?
With a $120 to $140K annual income, I do not qualify for a Roth IRA. What are some good options for me, beyond the company 401k, etc., to help plan for retirement?<br />Smug? SMUG? What are you talking about? This is a real question. If all you can do is HATE, go away.<br />
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10-31-2007, 03:25 PM
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#2 |
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Greenhorn
Join Date: Apr 2007
Posts: 17
Rep Power: 0 |
Investing...?
you smug butt-wipe
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10-31-2007, 03:25 PM
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#3 |
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Greenhorn
Join Date: Jul 2006
Posts: 20
Rep Power: 6 |
Investing...?
With this level of income you should be able to max out on your 401(k) plan. About 15K/year.
You can still contribute to a traditional IRA with after tax dollars. The money will still grow tax deferred until retirement. If you have kids...look into 529 programs There are insurance/annuity programs with tax advantages but most of the time you'll deal with a unscrupulous salesman that just want the commissions You may want to consider Real Estate - It's a little more hands on investing but there are tremendous tax loopholes and benefit. The most important of them is leverage. Goo luck |
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