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URL:  http://boards.fool.com/im-maxed-out-on-my-401k-contributions-and-we-14075097.aspx

Subject:  Re: Deferring Taxes Date:  1/10/2001  5:10 AM
Author:  TMFExRO Number:  27073 of 76237

I'm maxed out on my 401K contributions, and we put $2,000 each (my wife and I) in Roth IRAs. Is there anywhere else we can rathole some money with some tax breaks?

If there are stocks or tax-efficient mutual funds that you want to invest in for the long haul, the fact that the investment is in a taxable account won't necessarily mean much current tax. Capital gains are not taxed until you sell, and then at favored rates if you've held for more than a year.

TMF ExRO
Phil Marti

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