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Question for the grown ups - Anhil8tor - 03-04-2008

Do you have a retirement?

What kind/how much?

Do you have a college fund set up for the kids?

Do you get taxes back usually or pay?

Question for the grown ups - Flumper Barflusterbutt - 03-04-2008

Anhil8tor Wrote:Do you have a retirement?

What kind/how much?

Do you have a college fund set up for the kids?

Do you get taxes back usually or pay?

Yes.

Combination of several 401k accounts, IRA's, some land, a few stock accounts.....quite a bit.

Yes.

I usually get a bunch back. But I have to estimate corporate profits before the end of december in a fiscal year, which is absolutely impossible. So you have to guess on the high side. But Dec 31st I have to pay in at least as much as last year plus 10%. By April 15, I have to be paid at least 100% of what is owed, which is still too early to know. So I am always overpaid to avoid penalties. I don't get my taxes filed until Oct and usually get the refund check around Thanksgiving.

I love you.

Question for the grown ups - BIRD33 - 03-04-2008

Anhil8tor Wrote:Do you have a retirement? Yes

What kind/how much? Work matchedNot great with the market right now

Do you have a college fund set up for the kids? Fuck Them

Do you get taxes back usually or pay? I just started paying for the first time last year

I've had this same plan since I was 19 and the day I signed up the guy told me by the time I'm 55 I'll have a million dollars in it.That was before the tech bubble burst.

Question for the grown ups - WoolyGoat - 03-04-2008

yes

401k and some IRAs

nothing yet

I usually get $ back, but next year could be different

Question for the grown ups - St0ney - 03-04-2008

I did, but circumstances required I cash em in.

None at this time.

Not yet, but soon I'll be starting on those.

I get lots of free money come tax time, because I make under 40k and have two dependents. Thanks to all you guys who do pay taxes, for that EIC. I always spend it wisely - you know, on clothes and shoes and stuff.

Question for the grown ups - leeman - 03-04-2008

St0ney Wrote:I did, but circumstances required I cash em in.

I always spend it wisely - you know, on clothes and shoes and stuff.

New camera.

Question for the grown ups - St0ney - 03-04-2008

I think the camera's ok, although it is going through batteries pretty quickly lately. The zoom seems operational now, though.

Question for the grown ups - quint - 03-04-2008

401k and IRA.
it's gettng there, everyone should dump 5-10% of salary into a 401. it's pre taxed savings.
small amount
usually taxes back.