Comments on: 2009 Roth 401k and Roth IRA Limits

By: » 2009 IRA Limits

» 2009 IRA Limits — Thu, 19 Feb 2009 15:26:09 +0000

[...] 2009, the Traditional IRA and Roth IRA Limits remain unchanged from [...]

By: Don't get phased out for your 2009 roth ira limits | Good Financial Cents

Don't get phased out for your 2009 roth ira limits | Good Financial Cents — Thu, 22 Jan 2009 19:51:06 +0000

[...] Hopefully, all that math doesn’t have you “phased out”. But now you know if you are eligible for contributions to the Roth IRA in 2009. [...]

By: 2009 401k Contribution Limits | Good Financial Cents

2009 401k Contribution Limits | Good Financial Cents — Sat, 03 Jan 2009 04:26:24 +0000

[...] My Dollar Plan: 2009 Roth 401k and Roth IRA limits [...]

By: Madison

Madison — Wed, 12 Nov 2008 14:50:46 +0000

@ Liz: Yes, you can take out your contributions at any point in time without penalty. Here are the details you are looking for: How to Make Early Roth IRA Withdrawals

By: liz

liz — Tue, 11 Nov 2008 23:08:36 +0000

another roth question that i can’t seem to answer for myself (and i’ve looked through your previous roth posts), since i’m opening up my first roth in the next few months and funding it:

can i take out any of my contributions at any point? i know i can’t touch any of the earnings (w/ certain exceptions for certain reasons after 5 yrs), but are there any rules in taking out the original amounts contributed? i’ll be keeping track of my yearly contributions, so i’ll know what i put in each year.

By: Madison

Madison — Tue, 11 Nov 2008 15:04:37 +0000

@ Rebecca: Yes, you can contribute to both a 401k and an IRA. The limits will be based on your income, but you can have both. I usually contribute to both each year. @ Reggiee: You can both open a Roth IRA if you meet the eligibility guidelines. Having a Roth IRA doesn't tie to any 401k options you have. Here is more information on Roth IRAs from the IRS to help out.

By: Sunday Money Roundup - Packing Again Edition. | My Two Dollars

Sunday Money Roundup - Packing Again Edition. | My Two Dollars — Sun, 09 Nov 2008 14:01:21 +0000

[...] Dollar Plan has some information on the 2009 Roth 401K and Roth IRA limits. Good to [...]

By: Reggiee

Reggiee — Wed, 05 Nov 2008 14:40:50 +0000

I recently came to know about your blog through finance.yahoo.com. I really like your articles. I have questions about Roth IRA. I have my 401K with employer, where I dont’ have great funds to invest on it.They have only very limited options. so I’m contributing only 8% of my salary (to which the employer match).My husband did not have any retriment plans from his company. Are we both eligible to open Roth IRA a/c? or Can I open the Roth IRA for me and traitional IRA for him? I need your advice.(note I have left with only 30k in my retirment a/c.. contributing only for last 4 years.. we both are 34 years old. one kid in 2 yrs). Thank you so much for your time and help.

By: Rebecca

Rebecca — Tue, 04 Nov 2008 17:22:38 +0000

I recently subscribed your blog and just love it. I have my “stupid question of the day” for you. Can I contribute to the maximum limit, for both the 401K and the IRA? Or are there some limits if you have each kind of account? Thanks so much for the info!