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Basics Of Mutual Funds
Part 1 of Paper
....est money for my daughter’s college fund. The choices are between Mutual funds or an IRA. Thanks to the research I did for this I have made up my mind how best to invest my money.
My main research I did on the IRA is on the Internet through AOL. Through them I found out in a Traditional IRA’s you can contribute u.... Part 2 of Paper
....he AOL site I used it had a page where you enter in your date of birth and how much money you wish to contribute. I entered in both DOB-7/9/79 (approximately 46 years until retirement) and that I wish to contribute $2,000 a year. It then stated that with a Roth IRA I would have $1,058,685 and with a Traditional IRA I would have $1,036,239 (which I would have to still pay taxes on). Out of the two the obvious choice is the Roth IRA you pay taxes when you are working and have the extra money an.... |
| Number of words: 1314 - Approximate pages: 5 |
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