Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP
Posting-Version: version B 2.10.3 4.3bsd-beta 6/6/85; site ucbvax.ARPA
Path: utzoo!watmath!clyde!burl!ulysses!ucbvax!ucbernie!mazlack
From: mazlack@ucbernie.BERKELEY.EDU (Lawrence J. &)
Newsgroups: net.invest
Subject: Re: tax-frees in IRA??
Message-ID: <10692@ucbvax.ARPA>
Date: Thu, 17-Oct-85 15:38:58 EDT
Article-I.D.: ucbvax.10692
Posted: Thu Oct 17 15:38:58 1985
Date-Received: Sat, 19-Oct-85 04:38:13 EDT
References: <1563@uwmacc.UUCP>
Sender: usenet@ucbvax.ARPA
Reply-To: mazlack@ucbernie.UUCP (Lawrence J. Mazlack)
Distribution: net
Organization: University of California, Berkeley
Lines: 14

>I was in Washington DC the other day, and saw an ad in
>the Post for double tax-free (Maryland) investments, and
>the ad went on to say "Great for IRAs!"  Now, I'm still
>pretty naive in investment matters, but why would someone
>want to put tax free investments into an IRA?  Is there
>ever a case when this is a good idea?
>
>-- 
>	Jeff Percival ...!uwvax!uwmacc!jwp

You have the right idea.  The kind of stuff that makes the most sense to
put into an IRA is the stuff that has a high current rate of taxation.
Tax frees make no sense at all.
  ....Larry Mazlack