Quote:
Originally Posted by kellydivine
Get a ROTH IRA. Government doesn't tax it and if our self employed I believe you can put in up to 30K annually. Again NO TAX.
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I believe the max you can do per a Roth is 6K individual, 12K couple. And there is income limits, if you make too much you can't do it. But if you can qualify it is a good way to go since will be able to take out your money 100% tax free at the end. Which is huge. A lot of retirement investments like 401K, Traditional IRA, you will have uncle sam taking a big part of your checks when it comes time for you to retire and take payments.