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I'm able to invest, per situation, approximately $14,000 per investment.

The before tax, monthly benefit on one investment runs approximately $645 per month. I will receive this income for three to maybe five years, five years if the agreement is extended with my customer.

Approximately $5,500 of the $14,000 investment is to purchase a machine that has been paid for, up front.

Assuming a 20% tax on the monthly income, and assuming an eight (8%)to ten(10%)percent annual interest rate for an IRA, is placing this $14,000 per investment a better method to accumulate wealth than placing the same funds into a tax defered IRA? I believe it is, but I need your in put.
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