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Your ceiling increases for you in 6 years (age 50) and the IRS seems to increase the ceiling even for under 50 every few years, so it could be quite a bit more. Plus, it's not like this money is sitting still, it's invested. Even assuming you put in $4,000 for 5 years and $5,000 for 12 more, that's $84,000 and assuming even 5% annual returns, that would be...ummm, compounding is not my strong suit. But it's a lot.

I had not even considered this idea, and I think it's a great one, assuming our esteemed congresspersons don't take the Roth away.

Great idea! Sounds like win-win to me.

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