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Originally Posted by kv968
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.
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Excellent idea, up until now I've just been guestimating at the amount of tax I'll have to pay; probably in my best interest to see a professional before starting a Roth.