Thursday, January 3, 2008

$416.66666666667 (again)

Sorry, a re-post here- I accidentally deleted the original, and I have the mind of mayhem right now so god only knows what I said in the original post. But suffice it to say it went something along the lines of-- this is what I will have to contribute, $416.66666666667, each month to max out the NEW $5,000 annual contribution limit on a Roth IRA. Man, there goes my monthly cheeseburger budget...

2 comments:

SavingDiva said...

I only contribute $250/month to my Roth IRA right now. I contribute work 401(k) to get the company match. Before I start maxing out my Roth, I need to beef up my EF. I can currently be unemployed for about 10 days before I'm broke...that's not good!

PiggyBankBlues said...

it's okay, b/c you're going back to school and saving for an efund and downpayment. i would also agree they should get more chunks of change than your roth right now...