Roth IRA, Traditional IRA, 401K » each http://www.iraroth.net IRA Questions and Answers Tue, 17 Jan 2012 00:09:43 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Can I contribute $4k each to Traditional & Roth IRAs in same year? http://www.iraroth.net/2010/02/can-i-contribute-4k-each-to-traditional-roth-iras-in-same-year/ http://www.iraroth.net/2010/02/can-i-contribute-4k-each-to-traditional-roth-iras-in-same-year/#comments Sat, 13 Feb 2010 17:41:07 +0000 admin http://www.iraroth.net/2010/02/can-i-contribute-4k-each-to-traditional-roth-iras-in-same-year/ I have already contributed $4,000 to my Roth IRA at Vanguard for 2006. I was on the site to make a $1,000 contribution to my Traditional IRA, and the site said I’ve already made my maximum allowed contributions. I haven’t contributed anything to my Traditional Roth this year.

I was under the impression I could contribute $4k each to a Roth and a Traditional IRA each year. Am I wrong?

A second question. I still have a 401K with a former employer. Can I contribute money into that still?

]]> http://www.iraroth.net/2010/02/can-i-contribute-4k-each-to-traditional-roth-iras-in-same-year/feed/ 5 What funds to invest in right now (AMERICAN FUNDS ONLY) for 30 year old married couple- 100$ each in Roth IRAs? http://www.iraroth.net/2010/02/what-funds-to-invest-in-right-now-american-funds-only-for-30-year-old-married-couple-100-each-in-roth-iras/ http://www.iraroth.net/2010/02/what-funds-to-invest-in-right-now-american-funds-only-for-30-year-old-married-couple-100-each-in-roth-iras/#comments Mon, 08 Feb 2010 17:55:39 +0000 admin http://www.iraroth.net/2010/02/what-funds-to-invest-in-right-now-american-funds-only-for-30-year-old-married-couple-100-each-in-roth-iras/ Right now we each have 50 bucks a month put in to the Growth fund of america and the Capital World Growth and Income Fund…. wise allocation? or should we be doing something else

]]> http://www.iraroth.net/2010/02/what-funds-to-invest-in-right-now-american-funds-only-for-30-year-old-married-couple-100-each-in-roth-iras/feed/ 3 Are Roth IRAs only for people who make over a certain amount of money each year? http://www.iraroth.net/2010/01/are-roth-iras-only-for-people-who-make-over-a-certain-amount-of-money-each-year/ http://www.iraroth.net/2010/01/are-roth-iras-only-for-people-who-make-over-a-certain-amount-of-money-each-year/#comments Tue, 12 Jan 2010 23:26:59 +0000 admin http://www.iraroth.net/2010/01/are-roth-iras-only-for-people-who-make-over-a-certain-amount-of-money-each-year/ How much should a person make before starting to think about investing in a Roth account?

]]> http://www.iraroth.net/2010/01/are-roth-iras-only-for-people-who-make-over-a-certain-amount-of-money-each-year/feed/ 8