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Strategies & Market Trends : Sonki's Links List -- Ignore unavailable to you. Want to Upgrade?

To: Julius Wong who wrote (342)	4/21/2000 7:28:00 PM
From: Sonki	Respond to of 395

RESEARCH INFO ON BROKERS: If you enter the kind of trader you are they will give u different answers then mine. A broker that is right for me not right for every one. gomez.com details of broekr charges etc. h--------------------- rating of brokers, u can also get specifi ratings like cusotmer confidence etc. gomez.com Firm Score =================== MER For ML's new, $29.95/trade Merrill Lynch Direct accounts, the one I provided the URL for, options can not be traded at this time. From the FAQ: mldirect.ml.com There is a minimum yearly charge of $1,500 for an Unlimited Advantage Account though which one gets unlimited trades for a year. ================= brownco.com brownco.com (see bottom) IRA

To: Julius Wong who wrote (342)	11/4/2001 4:09:57 PM
From: Sonki	Read Replies (1) \| Respond to of 395

The 2001 Tax Relief Act tax deferred vehicles 401k --------------------------------------------- Under the new law, the contribution can be lesser of $40,000 or 100% of compensation. As a result, if you were making $40,000 you can put away your entire salary tax deferred. Provided ofcourse that you have other ways of paying bills. Changes To IRAs --------------------------------------------- Beginning in 2002 the contribution limit will be $3,000 per year for the next 3 years with $500 per year in catch up contributions senior IRA investor --------------------------------------------- if you are 50 years or older next year, to make that additional catch up contribution. This type of IRA investor will be known as a senior IRA investor. If you are in an employer sponsored program such as a 401K, you can also make additional catch up contributions in increments that start at $1,000 dollars next year and go up to $5,000 in 2006. Tax Relief For Education --------------------------------------------- Investors can put more into the Educational IRA. Starting next year the annual contribution limit will be $2,000 up from its original limit of $500. The changes also allow for the proceeds of the educational IRA to be used for elementary and secondary school. If one qualifies, one can use the proceeds of I-Bonds to pay for approved college expenses. Approved college expenses include things like tuition and lab fees, but not room and board or books. ibonds = ira tax defer 30yrs. -Bonds allow you to defer taxes all the way out to 30 years and the rates are attractive. One limitation with I-Bonds is that you are only allowed to purchase up to $30,000 per person per calendar year. They should be held for a minimum of 5 years to avoid the 3 month interest penalty. The money being used to purchase the bonds is fixed income money following calc is userful if you entered date and 10k amount (10k3# of acts) would give u your return to the date and also has future date calculations. There is also a way to enter certificate number then you dont have to do all those mulipliations. Anyway this is a side show for me. Not to spend too much time on it. publicdebt.treas.gov enttered date of 05/2002 locked in rate 10/2001 I $10,000 $10,000.00 $196.00 $10,196.00 5.42% 06/2002 10/2031 P5 04/2001 I 10,000 10,000.00 540.00 10,540.00 5.82% 06/2002 04/2031 P5 08/2000 I 10,000 10,000.00 1,076.00 11,076.00 6.02% 06/2002 08/2030 P5 Bonds 3 Total Price $30,000.00 Total Interest $1,812.00 Total Value $31,812.00 YTD Interest $764.00 informative avnt msg. cc from last Qurter. messages.yahoo.com