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To: Mel Viticus who wrote (26073)12/22/1998 4:20:00 PM
From: Wink  Respond to of 27968
 
There are none. Join the (AA) club! Just 12 easy steps.

Step 1: Never buy pennies!
Steps 2-12: Repeat Step 1!

Wink ;>(



To: Mel Viticus who wrote (26073)12/22/1998 4:32:00 PM
From: Terry D.  Read Replies (1) | Respond to of 27968
 
Mel, never NEVER place pennies in your IRA. Pennies are for your Reno money.......Luckily I'm only in this for a thou or so. Still a loss tho.

Terry



To: Mel Viticus who wrote (26073)12/22/1998 6:05:00 PM
From: Sigmund  Read Replies (2) | Respond to of 27968
 
<<<< does anyone know of tax advantages to losing <big> money in an IRA account? <<<

Reduces the cost of converting to a ROTH or liquidating when retiring.
Also means you get to retire later more than likely and therefore have a more interesting life and live longer.