ST Alpha - "I would probably do the IRA. assuming the interest rate on the IRA will be higher than 4.25%, it's the smarter bet." (Reading a Post)

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In response to "this is my dilemma. when the time comes (soon hopefully) that i have my credit card and back taxes paid down, where do i put the windfall?" by poxie

I would probably do the IRA. assuming the interest rate on the IRA will be higher than 4.25%, it's the smarter bet.

Posted by amanda jones (aka amanda) Oct 24 '11, 12:46

next year is going to be very interesting for me financially.

I may take the H&R block tax prep class and do taxes part time during tax season. why not?

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i just want that debt *gone* though. as fast as possible, even at a relatively low interest rate -- nm - poxie Oct 24, 12:48 1
- yeah, I hear you. (can you do IBR? do you qualify?) -- nm - amanda jones Oct 24, 12:49

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I would probably do the IRA. assuming the interest rate on the IRA will be higher than 4.25%, it's the smarter bet.

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