LivingAlmostLarge

a twenty-something DINK searching for financial freedom

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Entries Tagged as 'Roth IRA'

IRAs - golden eggs?

June 29th, 2008 · 4 Comments

I think this is a great article in the NY Times discussing different type of IRA retirement accounts.  So what are the different types of IRA?
There is a Roth IRA. It allows people under a certin income to contribute taxed dollars to a retirement account.  Currently the amount is $5k/annually, and will grow tax free [...]

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Tags: Retirement · Roth IRA

2008 Roth IRA changes

June 10th, 2008 · No Comments

There are many changes for Roth IRAs in 2008, so I want to enlighten you to them. 

People are able to contribute $5k/year without being 50. If you are 50, you can save an additional $1k or $6k total.
Income limits are increased for contributing to a Roth IRA, $101k for singles and $159k for married filing jointly (the [...]

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Tags: Investing · Retirement · Roth IRA · Savings

2008 Roth IRA

April 15th, 2008 · No Comments

Our 2008 Roth IRAs are done for the year.  $10k for us in now put in.  The rest of the year will be spent saving for a contribution on 1/2/2009 of $10k.  Hopefully we’ll be able to do it.
Unfortunately we’re still waiting for our tax refund from 2007 and the rebate for 2008 will both [...]

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Tags: Personal Finance · Retirement · Roth IRA · Savings

2008 Roth IRA

April 8th, 2008 · 2 Comments

I am done funding my Roth IRA for 2008.  DH’s should be done in about 1 week, we’re just waiting for a check from our stock account.  Sold some ESPP shares last week and now we’re just waiting to fund. 
Plan for next year is to fund our Roth IRA with the 2 remaining ESPP purchases [...]

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Tags: Retirement · Roth IRA

Facing Foreclosure?

April 6th, 2007 · 10 Comments

There is a blog called “I am facing foreclosure” started in September of 2006 by Casey Serin. He is a 24 year old “would be real estate mogul”. He bought 8 houses in 8 months in 4 different states. Unfortunately he bought at the peak of the market and has been unable [...]

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Tags: Real Estate · Roth IRA · stupid tax

Roth IRA…one contribution or many?

January 8th, 2007 · No Comments

People always ask should they contribute one $4k deposit to a Roth IRA or should they contribute $333/monthly? The answer is…you should deposit $4k on January 2nd of the year to get the longest possible time of tax free investing. Because you deposit every year and leave it alone, that will be a [...]

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Tags: Retirement · Roth IRA