http://hijinksinc.com/2007/09/22/longterm-savings-growth/ Google doesn't have a tagline, why should we? Sun, 27 Jul 2008 09:37:40 +0000 http://wordpress.org/?v=2.5.1 http://hijinksinc.com/2007/09/22/longterm-savings-growth/#comment-47 Cutting Monthly Costs | Hijinks Inc. Sun, 07 Oct 2007 15:21:02 +0000 http://hijinksinc.com/2007/09/22/longterm-savings-growth/#comment-47 [...] Aaron Nelsen on Longterm Savings Growth [...] [...] Aaron Nelsen on Longterm Savings Growth [...]

]]> http://hijinksinc.com/2007/09/22/longterm-savings-growth/#comment-41 Aaron Nelsen Tue, 25 Sep 2007 21:03:52 +0000 http://hijinksinc.com/2007/09/22/longterm-savings-growth/#comment-41 With a normal IRA the money you put in is taken out of your paycheck before taxes are taken out, with a Roth IRA taxes are taken out of your check, then the money for your IRA. Make sense? With a normal IRA the money you put in is taken out of your paycheck before taxes are taken out, with a Roth IRA taxes are taken out of your check, then the money for your IRA. Make sense?

]]> http://hijinksinc.com/2007/09/22/longterm-savings-growth/#comment-40 nikki Tue, 25 Sep 2007 14:28:14 +0000 http://hijinksinc.com/2007/09/22/longterm-savings-growth/#comment-40 pay taxes before you put it in? like the income tax i'm already paying? or something else? pay taxes before you put it in? like the income tax i’m already paying? or something else?

]]> http://hijinksinc.com/2007/09/22/longterm-savings-growth/#comment-39 Aaron Nelsen Mon, 24 Sep 2007 16:48:01 +0000 http://hijinksinc.com/2007/09/22/longterm-savings-growth/#comment-39 Those are some nice gains... but it might be better to look into a Roth IRA. Where you pay taxes on your money before you put it in, that way you'll save some money when you end up in a higher tax bracket later on down the road. Those are some nice gains… but it might be better to look into a Roth IRA. Where you pay taxes on your money before you put it in, that way you’ll save some money when you end up in a higher tax bracket later on down the road.

]]> http://hijinksinc.com/2007/09/22/longterm-savings-growth/#comment-38 nikki Mon, 24 Sep 2007 13:26:33 +0000 http://hijinksinc.com/2007/09/22/longterm-savings-growth/#comment-38 i just had to figure this out for my (mandatory!!!) retirement account for the state. they have a good interest rate and even though i'm not even vested yet (it'd be at 140%, so it really stinks that i don't get any of that action) i'll have almost 22k if i don't take it out til i'm 65. that's with only 1700 as my initial amount. pretty sweet i think. but the bad part is i get penalized like 35% if i want any of MY! OWN! MONEY! from the account before i'm 59. compound interest is so great. i just had to figure this out for my (mandatory!!!) retirement account for the state. they have a good interest rate and even though i’m not even vested yet (it’d be at 140%, so it really stinks that i don’t get any of that action) i’ll have almost 22k if i don’t take it out til i’m 65. that’s with only 1700 as my initial amount. pretty sweet i think. but the bad part is i get penalized like 35% if i want any of MY! OWN! MONEY! from the account before i’m 59. compound interest is so great.

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