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Old 02-26-2008, 04:08 PM   #4
Reaper
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Quote:
Originally Posted by 4X4 View Post
So if I open one on the day they're introduced, I can wait 20 years and then suddenly deposit $100,000?
The pdf says that you can save $5,000 per year so I would imagine that amount is based on deposits in a calendar year. However, it also says you can carry unused amounts forward to future years. It sounds like a nice way for the government to accomodate money laundering to me.
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