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Re: Specalculator1 post# 2147

Tuesday, 10/12/2010 2:37:52 PM

Tuesday, October 12, 2010 2:37:52 PM

Post# of 2179
ROTH=AWESOMENESS

1. You put in already taxed dollars so the profit you make is not taxed.
2. You can write off somewhere over 4k dollars (probobly alot higher now in contributions off your income)
3. You don't pay taxes on it when you withdraw as you already paid them on the way in.
4. You can buy stocks,options,etf's,OTC's (if so inclined with it)

FREEDOM is the key. Typing quickly and DEFINITELY double check these facts but I'm pretty sure this is how they work. Beats the shiit outta my 457k that I cannot buy individual anything with.

I'm not paying for a subscription to IHUB anymore due to the SEC charges

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