The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: choosing a retirement plan||Date: 3/5/2001 7:30 PM|
|Author: rjm1||Number: 28287 of 74759|
We have finally paid off our credit card debt.
Now we are thinking about setting up a retirement plan. We are self-employed.
I have looked over various plans and I am thinking about a SEP, but I am also thinking about setting up a Roth IRA for
each of us in addition. I am planning to just keep everything in index funds, probably Vanguard.
Does anyone have experience or opinions to offer?
I like the SEP because you can put more in than an IRA.
I like the ROTH because all earnings are tax free.
Max out the ROTH them go to the SEP
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|