I have a Roth IRA set up and have fully contributed to it. What other investments would be good to do since my limit has been met and still want to save. Also I would like to have similiar tax deffered options like the Roth.
2006-09-26 12:40:14 · 4 answers · asked by Waterworking 2 in Business & Finance ➔ Investing
401k, if you work for a company. SEP IRA if you are self-employed.
Whole life is an option. Tax-free muni bonds. And buying a house, gains are tax free.
2006-09-26 12:53:45 · answer #1 · answered by kako 6 · 0⤊ 0⤋
Purchasing rental properties, you get a tax break for the interest you pay on the loan and you should be able to cover your mortage and property tax off of the monthly rent.
2006-09-26 19:49:27 · answer #2 · answered by ford2312 2 · 0⤊ 0⤋
in this order:
1. employer sponsered plan (especially if they are matching)
2. whole life insurance
3. municipal bonds
4. real estate
2006-09-26 22:16:25 · answer #3 · answered by boloaokoe 2 · 0⤊ 0⤋
bonds
2006-09-26 19:48:02 · answer #4 · answered by mike L 4 · 0⤊ 0⤋