Re: Inheritance Received / Retirement Advice Needed
One thing that no one has mentioned yet (including me) is the tax consequences of your inheritance. Since you've just recently received this windfall, I would suggest that before you do any serious investing with it that you see a tax professional first and see what kind of taxes you owe on this money. They could also undoubtably answer your eligibilty question of a Roth.
__________________
The easiest thing of all is to deceive one's self; for what a man wishes, he generally believes to be true.
- Demosthenes
|