I logged into my TradeKing account, where my wife and I have our Roth IRAs, and I noticed that one of the ETFs (Exchange Traded Funds) that I own paid a dividend last month. But, instead of being automatically reinvested, the dividend was simply deposited into my money market fund. In the future, I want the dividend to be automatically…
Category: Retirement
Time To Fund Roth IRA For 2008 – $10.64 Per Day
Starting today, you can begin to make contributions to your Roth IRA for 2008. (The maximum annual contribution for folks under 50 is $5000 for 2008.) If you break it down, there are 470 days between January 1 and April 15. $5000 / 470 = $10.64 per day So, if you want to fully-fund your 2008 Roth IRA, you’ll need…
What If You Make Maximum Retirement Contributions For 20, 30, 40 Years? (Roth IRA, Traditional IRA, 401k, 403b)
When I was a kid, I collected comic books. One of my favorites comics was What If? – which featured such interesting ideas as “What If… Spider-Man had joined the Fantastic Four” and “What If… Captain America became President?”. With that bit of nerdiness in mind, “What If… You Make Maximum Retirement Contributions For 20, 30 or 40 Years?” Notes…