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Dear Fools:

TMF Max over on the 401(k) board suggested that I start a Roth IRA and only fund my 403(b) after I have maxed out a Roth. I currently am contributing $200 monthly to my 403(b) with no matching contributions from my employer. What would be the advantages of a Roth as opposed to the 403(b)? I don't know much about an IRA. From what I understand, you can borrow against a Roth for things such as a downpayment on a house (which is a goal of mine in the next 3 years or so). Other than that, I'm pretty clueless. Comments, suggestions, other information please. Any links to info on Roth's for beginners that I should be aware of? Thanks.
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