September 5, 2007

Another Contribution to Wife's Roth IRA

We deposited another $200 into my Wife's Roth IRA, and plan to deposit another $300 next month to bring her total contributions to $4,000, the maximum for 2007. We have another $1,000 to contribute to my Roth IRA to reach the maximum for 2007.

Next year, the maximum contribution goes up to $5,000 for each of us. That will be a fun challenge.

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