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Old 08-16-2005, 10:00 AM
Maulik Maulik is offline
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Join Date: Jan 2005
Location: 30 + rake
Posts: 892
Default Re: Cashing out plans?? do they work

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The best way to go about this is getting a ROTH IRA with a firm like Vanguard and dumping that money into an S&P500 index fund. 10.5% annualised returns since 1900s.

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a) take advantage of any tax free growth possible.
b) canadians can enjoy the power ofthe S&P500
we're from canada, eh. we don't have roth iras. we only have rrsps, which are roughly equivalent to iras. and their limits are lower.

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