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Originally Posted by BigVic
Thanks for the info! So is it a bad idea to go ahead and fully fund my 2009 IRA taking into account my auto loan and current savings?
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By April or May I am on track to having around $8,000-$8,500 in savings. I know I can fully fund my 2009 IRA until April, but is that a good idea? What would be my best route here? Thanks for any info!
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Yes its a good idea to fund the Roth IRA. Having a loan should not prevent you from getting an IRA or saving for retirement.