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 Roth IRA
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Posted on 05-17-13 10:04 PM     Reply [Subscribe]
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Hi There!
Can some friends from finance/money-managing fields shed some light on what Roth IRA is and what are some of the areas that a newbie can get into. I want to start investing for the future but have no knowledge about this field. I opened an IRA account last week but don't know what to do next. There are just so many options that I don't really know what to select or do. I will be grateful for some serious advice. Thank you in advance.

Posted on 05-18-13 6:29 AM     [Snapshot: 92]     Reply [Subscribe]
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I have used vanguard and selected age based retirement model and account. It was very user friendly.
Posted on 05-19-13 1:43 PM     [Snapshot: 305]     Reply [Subscribe]
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 @Kailoketa - If you can contribute some towards IRA that can be tax deductable . What i have heard is also you can move your 401 K and invest it towards Roth IRA which has many options than your Employer has . If you are paying tax ( while doing tax ) before 15th april you can put contribute so you can pay less tax on that sump of money you invested towards IRA .  Invest in gold rather than IRA from my view while gold are very low right now . 
Posted on 05-19-13 2:01 PM     [Snapshot: 321]     Reply [Subscribe]
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Unlike contribution towards traditional IRA contribution towards Roth IRA is NOT tax deductible. This is one of many differences between traditional and Roth IRA .
Posted on 05-19-13 2:45 PM     [Snapshot: 350]     Reply [Subscribe]
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thank you yuvaraj and pk for ur valuable comments. i am doing a bit of research this week and hope to reach a conclusion about my elections soon.

Posted on 05-19-13 2:48 PM     [Snapshot: 352]     Reply [Subscribe]
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 please share with us once  get exact info 


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