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  1. Rob, buy a sheet of that shrinking window film that comes with the double sided tape. Do you or your roommate have a blowdryer? All you’ll need is that and a pair of scissors. Easiest way for you to fix this on your own.

  2. ET – 1st you have to know whether you qualify to contribute to either or both regular IRA and Roth IRA.

    for Roth – your (adjusted gross) income has to be below some level (somewhere around 100k I think). Amount you can contribute is 5k(I think) or 6k if over 55 years age.
    As you read before, contributions to this IRA are not tax-deductible or pre-tax. But when time to use, all withdrawals are tax-free including dividends or capital gains.

    for regular IRA – I don’t think you are elible to contribute if have an employer sponsered retirement plan
    (defined benefit or 401k).
    When withdrawing for regular IRA (or 401k), the withdrawal is subject to income tax at rate you are paying at the time.

    Nothing says you can’t do both.

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