norskog@fortune.UUCP (Lance Norskog) (03/27/84)
[Man proposes, news disposes] You'll love this one. Suppose you have a salary job, and don't have $2000 now to buy an IRA for '83, but you will get almost that much from your (interest-free) tax rebate. Here's what you do: 1) File for an extension, its automatic and lasts till 8/15/84 2) Assume you have purcashed your IRA, fill out your return, and mail it April 16. 3) Since you have an extension, you ALSO HAVE UNTIL 8/15/84 TO BUY THE IRA! Wait for your return check, which should come before 8/15, and buy the IRA. Slick, eh? Lance C. Norskog Fortune Systems, 101 Twin Dolphin Drive, Redwood City, CA {cbosgd,hpda,harpo,sri-unix,amd70,decvax!ihnp4,allegra}!fortune!norskog