r2i forum

V_B,

You are correct. I missed the last exception listed. It does state that Indian citizens are eligible to receive social security payments even if not living in the US.

Nigel

You are eligible to receive Social security payments even if you are an Indian citizen, provided you are living in the US at the time that you receive the payments. If you are an Indian citizen, social security payments will stop after you have been outside the US for six full calendar months. Once ...

The AGI limits for a deductible IRA will apply to both spouses equally, since you are filing jointly.

Nigel

For 2007, Roth IRA phaseout starts at AGI of $156,000 and is complete at AGI of $166,000. This means that you will be eligible to make at least a partial contribution (of a possible maximum of $4000 for each of you) as long as your AGI is below $166,000. This Roth IRA contribution limit will apply ...

The Millionaire Next Door: Stanley & Danko A little dated, but still very relevant The Intelligent Investor: Ben Graham. There is a great revised edition with annotations by Jason Zweig. If you are new to the world of personal finance and investing, by all means read Eric Tyson's Personal Finance ...