The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/i-think-since-you-have-a-401k-you-are-not-19202714.aspx

Subject:  Re: 401(k) and IRAs Date:  6/18/2003  6:32 AM
Author:  MissouriGup Number:  36569 of 75802

I think since you have a 401K, you are not eligible for a regular IRA. My wife and I are in a similiar situation. After doing some research, we set up a Roth for each of us. It doesn't help with taxes now, but the Roths will be nice when we draw the money out later on.

Gup
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us