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Beach Bum 2
You need to set up a regular IRA or even a ROTH IRA, This year we put $15,000 in ours....Ask your regular bank, they can point you in the right direction. Most bankers will be thrilled to sit down and explain it to you step by step, and it won't cost you a dime for the info.
Hey, I'm in on this one. I still haven't settled on a tax service/tax advisor and I don't want to miss out.
I know of only about three major personal deductions, an IRA, mortgage interest deductions and charitable contributions. I know there is all kinds of off the wall stuff but are there any other biggies of this kind any of you are taking!?
Beach Bum, you mean my credit union will square me away on the IRA even before I find a tax advisor!? And, $15K!!! I thought they were much lower.
Help me out, here!!! :shock: