No. of Recommendations: 1
3) Being only $10k I can replace it in 2 years with this improved cashflow, once the CCs are paid off... which will likely be the end of this year... which means, if I'm not mistaken, I could actually repay myself completely by the beginning of 2014 if I time the two year's deposits correctly.

I am not sure what this statement means. Once you have taken that money out of your IRA, you cannot put it back. You can make future contributions up to the annual limit, but you cannot put back contributions that you have withdrawn.

I'm not sure if you think that you can somehow put it back in the IRA, but that is not something you can do.

Good luck on the rest of the paydown.
Print the post  

Announcements

UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement