Regarding Roth IRA

From: "Christopher M. Kulp" <kulpcm@cig.mot.com>
Subject: Regarding Roth IRA
Date: Fri, 22 Aug 1997 22:28:10 -0400 (EDT)

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So, this may sound a little simple minded, but I have two questions for
those of you who are more financially experienced. Let me preface this by
saying that I have read (at least tried to) the new tax bill on the web
and the so called 'plain english' version as well.

1) So, the Roth IRA is the best thing since sliced bread.  Why would
anyone not want to have one.  Maybe this is a redundant question, but I am
wondering what pitfalls this might have.  I am looking to start one asap
since I plan to buy a house in 2-3 years.

2) When can I start one - this year or do I have to wait until next
year....

I would appreciate any additional information (web sites, etc) that
explain the actual implementation (or expected implementation) of the new
tax bill. I am also eager to hear how I can deduct some of my student loan
interest, but thats another story....

Thanks,
Chris

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| Christopher M. Kulp         | Motorola CIG Computer Engineer  |
| email: QA3056@email.mot.com | (v) 847.632.3874 (fax) 632.2431 |
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