Comments on: Funded a Roth IRA for the Hubby! http://baglady.dreamhosters.com/2008/03/07/funded-a-roth-ira-for-the-hubby/ Attempts at a Sustainable Lifestyle... Sat, 21 Nov 2009 16:47:07 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: A Path Together http://baglady.dreamhosters.com/2008/03/07/funded-a-roth-ira-for-the-hubby/comment-page-1/#comment-1493 A Path Together Tue, 01 Apr 2008 19:33:49 +0000 http://baglady.dreamhosters.com/2008/03/07/funded-a-roth-ira-for-the-hubby/#comment-1493 Did you look at anywhere other than Vanguard? I am looking to do the same exact thing for my wife and have been looking at Vanguard (where my 401K is) and Charles Schwab. Since I have a traditional 401K and a rollover IRA, I think a Roth might be a good hedge against taxes later. Did you look at anywhere other than Vanguard? I am looking to do the same exact thing for my wife and have been looking at Vanguard (where my 401K is) and Charles Schwab.

Since I have a traditional 401K and a rollover IRA, I think a Roth might be a good hedge against taxes later.

]]> By: Willy http://baglady.dreamhosters.com/2008/03/07/funded-a-roth-ira-for-the-hubby/comment-page-1/#comment-1433 Willy Wed, 26 Mar 2008 03:30:35 +0000 http://baglady.dreamhosters.com/2008/03/07/funded-a-roth-ira-for-the-hubby/#comment-1433 Kudos to you! I wish I had been as money savvy during my college years as you are. Way back in the day a professor told me about IRA's. Two thousand a year was the limit back then (around 1985). Great idea I thought. I left the class, went out with a buddy, drank beer, forgot about the Roth. Twenty three years later I wish I headed to a broker rather than my friends house. Don't get me wrong, my wife and I are on our way to a comfortable retirement...but boy-oh-boy if I had heeded my professors advise, I would be retiring in 8 years at the ripe old age of 50 instead of at 60. Kids, DON'T DO WHAT I DID! Take it from an old man at the ripe of age of 42 . Save for retirement as soon as you leave college! Sure, you have the whole world ahead of you. Time is your friend in all things financial. But don't procrastinate. Time is not your friend when it comes to retirement. It'll be here before you know it. Kudos to you! I wish I had been as money savvy during my college years as you are.

Way back in the day a professor told me about IRA’s. Two thousand a year was the limit back then (around 1985). Great idea I thought. I left the class, went out with a buddy, drank beer, forgot about the Roth. Twenty three years later I wish I headed to a broker rather than my friends house.

Don’t get me wrong, my wife and I are on our way to a comfortable retirement…but boy-oh-boy if I had heeded my professors advise, I would be retiring in 8 years at the ripe old age of 50 instead of at 60.

Kids, DON’T DO WHAT I DID! Take it from an old man at the ripe of age of 42 . Save for retirement as soon as you leave college!

Sure, you have the whole world ahead of you. Time is your friend in all things financial. But don’t procrastinate. Time is not your friend when it comes to retirement. It’ll be here before you know it.

]]> By: Share the love: What's your latest post about? - Wise Bread Forums http://baglady.dreamhosters.com/2008/03/07/funded-a-roth-ira-for-the-hubby/comment-page-1/#comment-1323 Share the love: What's your latest post about? - Wise Bread Forums Sat, 08 Mar 2008 22:30:19 +0000 http://baglady.dreamhosters.com/2008/03/07/funded-a-roth-ira-for-the-hubby/#comment-1323 [...] wrote about funding my hubby's Roth IRA and Gift Guilt on Wise Bread. Working on a bunch of other stuff, though! __________________ [...] [...] wrote about funding my hubby’s Roth IRA and Gift Guilt on Wise Bread. Working on a bunch of other stuff, though! __________________ [...]

]]> By: Mrs. Micah http://baglady.dreamhosters.com/2008/03/07/funded-a-roth-ira-for-the-hubby/comment-page-1/#comment-1316 Mrs. Micah Fri, 07 Mar 2008 17:26:11 +0000 http://baglady.dreamhosters.com/2008/03/07/funded-a-roth-ira-for-the-hubby/#comment-1316 I also like the idea of being able to take out deposits, just in case. I don't want to take anything out, but it's nice to have limited access. Micah doesn't have one yet, but he's the beneficiary on mine, so in case something happens to me he's covered. We're going to try to start funding one for him later this year as things settle down. I also like the idea of being able to take out deposits, just in case. I don’t want to take anything out, but it’s nice to have limited access. Micah doesn’t have one yet, but he’s the beneficiary on mine, so in case something happens to me he’s covered.

We’re going to try to start funding one for him later this year as things settle down.

]]> By: Hunter Nuttall http://baglady.dreamhosters.com/2008/03/07/funded-a-roth-ira-for-the-hubby/comment-page-1/#comment-1315 Hunter Nuttall Fri, 07 Mar 2008 16:33:37 +0000 http://baglady.dreamhosters.com/2008/03/07/funded-a-roth-ira-for-the-hubby/#comment-1315 Yes, you definitely see the marriage penalty there. I'm not sure why they even have income limits at all for a Roth. It's not like a super-rich person could use it to slash their tax bill, because they'd have the same contribution limits as anyone else. Yes, you definitely see the marriage penalty there. I’m not sure why they even have income limits at all for a Roth. It’s not like a super-rich person could use it to slash their tax bill, because they’d have the same contribution limits as anyone else.

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