Retirment Pension
Which is the best sort of retirment pension to take out in these troubled times.
I wouldn't bother at all but I need the tax relief. :) |
Re: Retirment Pension
Originally Posted by silverbirch
(Post 7319117)
Which is the best sort of retirment pension to take out in these troubled times.
I wouldn't bother at all but I need the tax relief. :) Are you employed? |
Re: Retirment Pension
Originally Posted by silverbirch
(Post 7319117)
Which is the best sort of retirment pension to take out in these troubled times.
I wouldn't bother at all but I need the tax relief. :) |
Re: Retirment Pension
Originally Posted by fatbrit
(Post 7319126)
How old are you?
Are you employed? |
Re: Retirment Pension
Originally Posted by silverbirch
(Post 7319206)
FT, I'm employed full time and age 36.
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Re: Retirment Pension
Originally Posted by robin1234
(Post 7319219)
In 2009, you can contribute up to $16,500 to your employer's 403b or similar (401k, etc.) This money is tax-deferred so saves you a lot of income tax now.
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Re: Retirment Pension
You can also contribute a maximum of $5000 to a traditional or Roth IRA. Note you have until April 15th to contribute for the 2008 Tax year.
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Re: Retirment Pension
Originally Posted by silverbirch
(Post 7319206)
FT, I'm employed full time and age 36.
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Re: Retirment Pension
Originally Posted by Pharrya
(Post 7319348)
You can also contribute a maximum of $5000 to a traditional or Roth IRA. Note you have until April 15th to contribute for the 2008 Tax year.
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Re: Retirment Pension
$6,000, isn't it? |
Re: Retirment Pension
Got kids? Could dump some cash into those those student plans, bit rubbish but it'll lower your taxable.
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