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Old 04-16-2008, 08:24 PM   #13 (permalink)
Cad
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Join Date: Jan 2005
Location: Dallas
Posts: 6,609
-41 Internets
Quote:
Originally Posted by krozman View Post
It's good to be first in line. But i'm not that excited. I plan on putting 100% of it either in my investmests or my mortgage principal (since I've already maxed out my 2008 ROTH IRAs for me and my wife).

Just to slightly defend paper checks, some of us in accounting intensive industries like to have that paper check for the trail. Sure, an electronic trail exists, but at least for myself (as a lawyer), the written word is still god over the electronic word, as the laws and ethics accounting rules haven't exactly caught up to technology completely.
Quote:
Originally Posted by Roth IRA rules
No 2007 Roth if you make more than:
• $166,000 if you're married filing jointly.
• $114,000 if you file as single, head of household or married filing separately and did not live with your spouse during the year.
• $10,000 if you lived with your spouse at any time during the tax year but decide to file separately.
How the hell do you make less than $166k as a lawyer?
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