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Need adviceForum overview » All things SIMPLE » Need advice 
 
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Posted 2008-04-03 04:43:28 Hi, I have started my SIMPLE IRA wtih OppenheimerFund back in 2005, it made so much sense since it is the tax-deductible, firm's contribution and the automatic deduction of my pay helped me not to spend all my money (indeed, this has become my most significant saving). I have no contribution to my account since I took a leave of absence in Oct 2007. My current state has a significant reduction in comparison to the statement from the end of 2008. I understand that economics is slow right now...But I started to wonder I should keep this saving even though it is loosing money? Should I try to switch the fund I have knowing that OppenheimerFund charge high fee? Any on-line calculator or IRA blog or website I should consult to make my smartest financial decision? Deeply appreciate any advice from people who have experience. I am just turning 30, have very little finance experience. Thanks.
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