The work was done, the final bill came out to about $1600, and we now have a hot water heater. We then did some research (yes, we should have done it before, but the timing was tight, and we just wanted hot water), and discovered that a new 30 gallon hot water heater generally runs $300 - $500.
What is a 'Roth IRA'. A Roth IRA is an individual retirement plan that bears many similarities to the traditional IRA, but the contributions are not tax deductible and qualified distributions are tax free.
A Roth IRA is an IRA that, except as explained below, is subject to the rules that apply to a traditional IRA. You cannot deduct contributions to a Roth IRA. If you satisfy the requirements, qualified distributions are tax-free.You can make contributions to your Roth IRA after you reach age 70 Â½. You can leave amounts in your Roth IRA as long as you live. The account or annuity must be designated as a Roth IRA when it is set up.The same combined contribution limit applies to all of your Roth and traditional IRAs.ou can leave amounts in your Roth IRA as long as you live. The account or annuity must be designated as a Roth IRA when it is set up. The same combined contribution limit applies to all of your Roth and traditional IRAs.