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Invest83838

11/03/18 9:14 AM

#154393 RE: louieblouie #154391

LB, So You See Why I am Thankful for You


Not only helping to protect my country


but also helping me minimize taxes


on multimillions in AMRN stock gains :-)))


I suspect many of this board are thankful for you for the same reasons.

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ggwpq

11/03/18 12:55 PM

#154449 RE: louieblouie #154391

LB, not true, IRAs were established by legislation passed in 1974. Traditional individual retirement accounts (IRAs) first became available in 1975. The Roth IRA has been around the block. Most people don't know that the Roth IRA originally started with the Tax Relief Act of 1997, named after late Senator William Roth of Delaware. Roth IRA, IMHO, is the greatest single invention for those who hates to pay taxes. The key is start early and contribute the max as soon as one has earned income as one can't use investment income as IRA contribution.