Do you have an IRA?

yes, Fidelity, no idea

I'm looking for a good company that gives 8-10%.

I have a SIMPLE IRA with USAA.

Roth IRA, maxed out each year. Next year the max I can people can put in for full tax advantages goes up a bit.

So you suggest the ROTH IRA over the regular IRA? From my understand the difference is time which you have to let the money sit and a time that you are contracted to not pull your money out correct? I heard bank of america is good with IRA's.

So you suggest the ROTH IRA over the regular IRA? From my understand the difference is time which you have to let the money sit and a time that you are contracted to not pull your money out correct? I heard bank of america is good with IRA's.

I wish I knew enough and could keep up to date on such information. I am not up to date 100% on why I went the way I went. My wife's father is my CPA and is in love with tax laws. He is the one who really helps me get the most bang for the buck tax wise for someone at my age group.

What I remember is that the contributions are from earned income that has already been taxed. Withdrawals of the contributions are tax free and usually the interest is also tax free. I also expect my tax bracket will be higher when I retire than I am in now. Then since I am on a salary I can stay well within the income eligibility limits to take full advantage which I think is 5k this year and I think it goes up to 6k next year.

Main key though is that I work for a corporation, I get a paycheck, and all that jazz like your every day employee. At my age I do not need a income that is more than 99k a year. House is paid off, only have basic bills and my medical bills. Then it does not include my wife's income and the like.

Are you Military ?

So you guys transfer money to the Irish Republican Army? Isn't that a terrorist organization?