Thread: IRAs?
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Old 04-12-2009, 03:32 PM
TMAllison TMAllison is offline
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Join Date: Feb 2004
Location: Walnut Creek, CA & 1,150 miles S of Key West
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Quote:
Originally Posted by 280EZRider View Post
Saving $1700 is an interesting question. Assuming you don't have a Roth and you don't start taking withdrawls for some years, one has to consider how much the tax will be at withdrawl time - especially in view of the higher taxes we will all be paying to cover the current financial sector bailout.
Can't be a Roth in the example provided as taxable income was lowered resulting in less tax due.

Having a good mix of Savings, Roths and Traditional IRA's makes playing the future tax game easier.
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