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We max them all
Posted by Geoff (more from Geoff) on Sun, 1 Apr 2007 13:04:51
In Reply to: ..should have said, 401K is already maxed out each year, SPO, Sun, 1 Apr 2007 12:28:20
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We can't do the Roth thing either and even our IRA contributions aren't deductible due to the phase-out for so-called "high income earners" but we still max everything (401k and his/hers IRAs) because they grow tax-deferred and we figure everything helps. I don't see any reason not to do it that way, but I always wonder if I'm missing something, so I'll be inte4rested to see what others suggest.
Posts in this Thread:
- General Tax (IRA) Advice sought, SPO, Sun, 1 Apr 2007 10:12:48
- Here's what I'm doing - should work for you too, Rod , Tue, 3 Apr 2007 10:03:39
- Don't think traditional IRA would do anything for you.., TKC, Mon, 2 Apr 2007 11:51:06
- Save as much as possible, JMJ in NC, Mon, 2 Apr 2007 06:23:58
- ..should have said, 401K is already maxed out each year, SPO, Sun, 1 Apr 2007 12:28:20
- Very very long...options and alternatives, R.T., Sun, 1 Apr 2007 11:19:58
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