You are viewing the most recent posts on this topic.
September 16, 2013 at 6:58 AM
Use a Roth IRA as both an emergency fund and retirement savings? [“Roth IRA can be a backup emergency fund,” Business, Sept. 8.]
That is unwise. Folks who take that advice are likely to liquidate investments when the market is down to fix the car.
That will lead to disappointment. Disappointment will lead to an abandoned retirement plan. Sure, you could leave enough of the Roth IRA in cash to cover emergencies, but that is no solution.
In the long run, everyone needs a separate emergency fund in addition to a retirement plan that is invested for long-term growth.
Brian Wright, Seattle
July 8, 2013 at 6:00 AM
New legislation is for slush funds
If I had not read it with my own eyes, I would not have believed it. [“County Council members will collect cash for expenses,” page one, June 27.]
Officials will be able to set up a fund to pay for travel, parking and “other things related to their jobs.”
This is legal? I don’t believe I have heard of a more perfectly described “slush” fund. Amazing.
Linda Barber, Mercer Island
Trending with readers