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Subject:  Help me Pleeease!! Date:  2/17/2000  1:20 AM
Author:  Dawn193 Number:  19196 of 107561

I have $1000 that I want to start investing for retirement. I have already picked a fund that I have been researching but here's the problem:Roth or Traditional IRA?! I'm so confused my heads gonna explode! Here's the facts: I'm turning 40,both my husband and I are self-employed w/no employees. He's a contractor that works alone, I am in direct sales (party plan consultant). I'm not clear if the tax bite of the next 20 years would be worth it or no big deal. People who advise me to do the Roth say: "Pay the taxes now so you get it all at the end!" (But do I want to pay more taxes everyear?) The ones who advise the Traditional say: "Why give the government the taxes for the next 20-30 years? Let it grow tax-deferred then let them take their cut"
Please Help Me!!!
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