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Old 07-26-2005, 08:37 AM
AcmeSalesRep AcmeSalesRep is offline
Junior Member
 
Join Date: Aug 2004
Posts: 25
Default Re: what to do with your winnings...

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I started a roth ira and also put about 1/2 of the br in stocks. I also bought a dell 2001fp, that being my biggest purchase out of my bankroll. I guess I paid off the car loan I had from my parents too.

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I thought Roth IRAs could only be funded by earned income?

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You thought essentially correct...but you just have to have earned income equal to or greater than your contributions. That does not mean you have to fund it directly from your earned income.

Acme
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