Whatever agreement you have with your parents is between you and them. If my son was making a bunch of bucks, I would still insist on paying what I told him I would pay before he went to college. OTOH, once you're out if you want to take over paying their loans or do something else for them, it's a discussion for another day. I have a small business I run in my spare time that makes me a little money. You may want to look at information on retirement accounts for the self-employed because you might be able to save more tax-deferred on top of what you can put into a Roth. Here's a link to info at Fidelity about small business retirement accounts : http://personal.fidelity.com/products/retirement/getstart/newacc/smallbizintro.shtml.cvsr?refhp=prAlso, be careful about paying estimated taxes for income from your business - can be cheaper than paying penalties later.rad
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. M