Cant Do Roth News Today

Income. its not tax deductible this year. its an after tax investment. only thing that will offset income this year is the traditional i.r.a. and in spite of that, im going to say hey, pay a little more in taxes now and do the roth i.r.a. for most everyone. unless youre a little bit older in your 60s or something, the map on the roth works out beautifully because most of what is in your account at retirement is growth and with the roth, the growth is all tax free so i would give up the tax break...

To know. >> mary, wrong question! >> exactly. >> santa claus does not live in washington, d.c. this is your money! you had too much withheld. you are loaning the government $830 a month, $10,000 a year and then theyre giving it back to you in april and you act like they did something fun for you. no, no, no, you need to go the other way and calculate how to bring home an extra $800 a month so that at tax time, you owe no additional taxes in addition to what was already withheld. >> careful not t...