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Old 08-07-2006, 02:15 PM
mwgr5 mwgr5 is offline
Senior Member
 
Join Date: Oct 2004
Location: Madison
Posts: 450
Default Re: 20k Complete Newbie

Try to make a Roth IRA contribution if you are eligable and have earned income. The maximum amount you can contribute is 4K. Once you contribute money to a Roth IRA the money grows tax free and is not taxed when withdrawn at retirement age.
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