The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: young student starting IRA Date:  6/17/1999  10:58 AM
Author:  JLC Number:  11358 of 88775

<<You're making what strikes me as a sensible and mature decision, and fortunately the system will also make this an easy one.>>

Here, here! Also heavily consider converting this traditional IRA into a Roth IRA. Given you age, your probable past earnings income, and tax bracket, it's a no brainer. Plus, with the next 50 years ahead of you, that "measly" 2k can become several million all tax free. To quote Austin Powers "shag me baby".

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us