Comments on: Traditional IRA and Roth IRA Contribution Limits for 2010 http://www.myliferoi.com/2009/10/traditional-ira-and-roth-ira-contribution-limits-for-2010/ Rebalance before it's too late Mon, 15 Mar 2010 00:56:04 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: 100 Inspiring Personal Finance Posts for the New Year | Accounting Degree.com http://www.myliferoi.com/2009/10/traditional-ira-and-roth-ira-contribution-limits-for-2010/#comment-2513 100 Inspiring Personal Finance Posts for the New Year | Accounting Degree.com Tue, 05 Jan 2010 18:07:51 +0000 http://www.myliferoi.com/2009/10/traditional-ira-and-roth-ira-contribution-limits-for-2010/#comment-2513 [...] Traditional IRA and Roth IRA Contribution Limits for 2010: Here you’ll learn about the IRS-imposed contribution limits for 2010. [...]

[...] Traditional IRA and Roth IRA Contribution Limits for 2010: Here you’ll learn about the IRS-imposed contribution limits for 2010. [...]

]]> By: MyLifeROI http://www.myliferoi.com/2009/10/traditional-ira-and-roth-ira-contribution-limits-for-2010/#comment-2084 MyLifeROI Tue, 03 Nov 2009 16:57:20 +0000 http://www.myliferoi.com/2009/10/traditional-ira-and-roth-ira-contribution-limits-for-2010/#comment-2084 @Roger, When you look at the past contribution limits, it seems they usually stay at the same limit for 3 years, and then re-adjust up. If this pattern continues, this year is the 3rd year for the current limits. Your retirement just thanked you, BTW! Keep on chuggin along! @Roger,

When you look at the past contribution limits, it seems they usually stay at the same limit for 3 years, and then re-adjust up. If this pattern continues, this year is the 3rd year for the current limits.

Your retirement just thanked you, BTW! Keep on chuggin along!

]]> By: Roger http://www.myliferoi.com/2009/10/traditional-ira-and-roth-ira-contribution-limits-for-2010/#comment-2060 Roger Sat, 31 Oct 2009 23:43:22 +0000 http://www.myliferoi.com/2009/10/traditional-ira-and-roth-ira-contribution-limits-for-2010/#comment-2060 Ah, good stuff; thanks for braving Publication 590 so the rest of us don't have to. ;) It looks as if most of the limits stand where they were for 2009, which makes sense given the lack of inflation this year. It also means I can sock another $5000 away towards my Roth. Yay! .-= Roger´s last blog ..<a href="http://www.theamateurfinancier.com/blog/weekly-thoughts-trick-or-treat/" rel="nofollow">Weekly Thoughts: Trick or Treat!</a> =-. Ah, good stuff; thanks for braving Publication 590 so the rest of us don’t have to. ;) It looks as if most of the limits stand where they were for 2009, which makes sense given the lack of inflation this year. It also means I can sock another $5000 away towards my Roth. Yay!
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]]> By: MyLifeROI http://www.myliferoi.com/2009/10/traditional-ira-and-roth-ira-contribution-limits-for-2010/#comment-1987 MyLifeROI Fri, 23 Oct 2009 19:06:10 +0000 http://www.myliferoi.com/2009/10/traditional-ira-and-roth-ira-contribution-limits-for-2010/#comment-1987 @Mike Piper, Ah, good point. I overlooked that in Pub 590 I guess! Thanks for the correction, Mike! @Mike Piper,

Ah, good point. I overlooked that in Pub 590 I guess!

Thanks for the correction, Mike!

]]> By: MyLifeROI http://www.myliferoi.com/2009/10/traditional-ira-and-roth-ira-contribution-limits-for-2010/#comment-1985 MyLifeROI Fri, 23 Oct 2009 19:04:21 +0000 http://www.myliferoi.com/2009/10/traditional-ira-and-roth-ira-contribution-limits-for-2010/#comment-1985 @Financial Samurai, My thoughts? They can contribute to a traditional IRA, just without the tax benefits. There are Roth IRA conversions to look at if you want it in a roth. Once people get into that bracket they are taking advantage of other tax advantages like the low cap gains tax rate, anyways. Can't get every advantage, can ya? ;) I don't make policy, though, so I'm not sure nor does it really bother me that much. I don't mind paying taxes because I live in one of the best countries in the world and I have been afforded so many great opportunities because of the tax dollars of my parents generation. @Financial Samurai,

My thoughts? They can contribute to a traditional IRA, just without the tax benefits. There are Roth IRA conversions to look at if you want it in a roth. Once people get into that bracket they are taking advantage of other tax advantages like the low cap gains tax rate, anyways. Can’t get every advantage, can ya? ;)

I don’t make policy, though, so I’m not sure nor does it really bother me that much. I don’t mind paying taxes because I live in one of the best countries in the world and I have been afforded so many great opportunities because of the tax dollars of my parents generation.

]]> By: Forex http://www.myliferoi.com/2009/10/traditional-ira-and-roth-ira-contribution-limits-for-2010/#comment-1973 Forex Thu, 22 Oct 2009 08:51:19 +0000 http://www.myliferoi.com/2009/10/traditional-ira-and-roth-ira-contribution-limits-for-2010/#comment-1973 Very good looking site with a lot of information.I love it.Will revisit it soon. Cheers Very good looking site with a lot of information.I love it.Will revisit it soon.
Cheers

]]> By: Mike Piper http://www.myliferoi.com/2009/10/traditional-ira-and-roth-ira-contribution-limits-for-2010/#comment-1964 Mike Piper Tue, 20 Oct 2009 13:13:04 +0000 http://www.myliferoi.com/2009/10/traditional-ira-and-roth-ira-contribution-limits-for-2010/#comment-1964 Great write-up. Quick addition: The income limits depend upon whether you (or your spouse) are covered by a retirement plan at work. .-= Mike Piper´s last blog ..<a href="http://www.obliviousinvestor.com/the-best-lowest-cost-etfs-to-buy-hold/" rel="nofollow">The Best (Lowest-Cost) ETFs to Buy & Hold</a> =-. Great write-up. Quick addition: The income limits depend upon whether you (or your spouse) are covered by a retirement plan at work.
Mike Piper´s last blog ..The Best (Lowest-Cost) ETFs to Buy & Hold My ComLuv Profile

]]> By: Financial Samurai http://www.myliferoi.com/2009/10/traditional-ira-and-roth-ira-contribution-limits-for-2010/#comment-1963 Financial Samurai Tue, 20 Oct 2009 12:50:01 +0000 http://www.myliferoi.com/2009/10/traditional-ira-and-roth-ira-contribution-limits-for-2010/#comment-1963 Morning MLR - Thnx for the info. Pls share with me your thoughts on whether you think it's right that anybody making above $105-120,000 a year is legally not allowed to contribute to their IRA retirement plan. Where did they come up with this $105-120,000 figure cut off anyway? Why not make it $250,000 for households, since that's the cut off for where the government deems folks to be rich? Best .-= Financial Samurai´s last blog ..<a href="http://feedproxy.google.com/~r/FinancialSamurai/~3/rtIVUpEPDHU/" rel="nofollow">Get An Umbrella Insurance Policy – Your Teenager Is Going To Bankrupt You</a> =-. Morning MLR – Thnx for the info. Pls share with me your thoughts on whether you think it’s right that anybody making above $105-120,000 a year is legally not allowed to contribute to their IRA retirement plan.

Where did they come up with this $105-120,000 figure cut off anyway? Why not make it $250,000 for households, since that’s the cut off for where the government deems folks to be rich?

Best
Financial Samurai´s last blog ..Get An Umbrella Insurance Policy – Your Teenager Is Going To Bankrupt You My ComLuv Profile

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