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Old 02-13-2013, 10:09 AM
xclusive xclusive is offline
LawnSite Senior Member
 
Join Date: Dec 2009
Location: Northern NJ
Posts: 943
Quote:
Originally Posted by KS_Grasscutter View Post

Another goal is to set up a traditional IRA account, in which contributions are made with pre tax money, so you can write off up to $5,000 a year.
Its nice to see all you young guys setting goals for the season.

KS - I would suggest setting up a Roth IRA rather than a traditional because with a traditional you will be taxed when you go to take the money out later in life in comparison to a Roth which does not get taxed when you withdraw later in life.
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