I'm totally new to all of this, but my husband and I are going to have the money to start contributing to a Roth IRA starting in January. It's my understanding that we can still contribute to 2007's Roth IRA until April 15th. Should we do that, or just go ahead and put it in for 2008??
(We're using his deployment pay, so we'll have enough to max out both years... I'm just wondering if it's worth it. I'm just starting to learn about all of this.)
Also, after we max out the Roth IRA, where would you recommend putting the rest of our savings? CDs?? We want to be able to take some out for a family car when the time comes, a downpayment on a house, or if an emergency comes up.
Thanks in advance!!
2007-12-25
13:22:38
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9 answers
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asked by
ChaseMakesMeSmile
2
in
Personal Finance