The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: DRIPS as Part of Retirement Plan?||Date: 8/20/1999 8:42 AM|
|Author: buzman||Number: 13276 of 81641|
,>> but I am curious what other Fools think of this idea. Comments and/or opinions please?<<
Good Morning Dodgeball
I share your frustration with the lack of choices in some formal retirement plans. The two plans available to my wife(previous job & present job) are the PITS.
DRIPS offer one tremendous flexibility in the options available plus if you had an emergency one could draw on the DRIP. However unless you set up an IRA, there are no tax advantages to using DRIPS, of course you probably knew about that.
|Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|