Thread: Investing 102
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Old 04-13-2012, 09:55 AM
toy71camaro toy71camaro is offline
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Quote:
Originally Posted by Bow Tie 67 View Post
I'll try to quote Greg correctly " Best gift the government gave us "
i was going to say something similar.. but, didnt want to misquote him. heheh.


If i recall.. Roth IRA = THE BEST.. you pay taxes now, and if your money grows to hundreds/thousands/millions later, you dont have to pay squat on that when you take it out.

But, there is some wiggle room, where it may make more sense to contribute to a company 401k/pre-Tax ira. if your on that "tax bubble" amount, and dumping money into a 401k can lower your tax bracket, it may be a wise decision to do that.. but thats something you'll have to look into, and decide.
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My Toy... is actually a 1973 Camaro LT and a '09 HD Dyna.
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