Jump to content

Does anyone know of a good way to save money?


KingRevolver
 Share

Recommended Posts

  • Replies 389
  • Created
  • Last Reply

Top Posters In This Topic

 

If you are single, you must have a modified adjusted gross income under $133,000 to contribute to a Roth IRA for the 2017 tax year, but contributions are reduced starting at $118,000. If you are married filing jointly, your MAGI must be less than $196,000, with reductions beginning at $186,000.

 

For poors only

Link to comment
Share on other sites

You can only put 5k in a traditional ira per year so once you max that out a roth is probably a good idea. For retirement, not savings.

Kinger is a long way from pushing that limit, at his age a roth is the way to go, sure he'd lose a little tax savings but 30 years of compounding with no taxes later on is the way to go IMO.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share


×
×
  • Create New...