The limits tag has no wiki summary.
6
votes
3answers
379 views
What are the 401K and IRA limits for next year (2013)?
Are 401K and IRA contribution limits increasing next year? If so, what are the new limits? Thank you!!
(Edit - I updated question to reflect 2013, and will update my answer accordingly)
14
votes
3answers
217 views
Why is there such disparity of max contribution limits between 401K accounts and regular IRA accounts?
In 2011, regular IRA accounts allowed only $5,000 maximum contribution, while 401K accounts allowed up to $16,500. Why is there such a disparity? Why do tax advantages favor employees of large ...
5
votes
2answers
371 views
Are 401(k) contribution limits for employee & employer separate? What about hitting the limit?
I am glad to see this forum. I have been reading a lot and have some questions about me specifically.
I am 29 years old and have a 401(k) already with my company. I just started contributing 10% to ...
2
votes
1answer
264 views
401k Contributions + Employer Match be greater than Maximum Contribution?
This year, 401k contributions are capped at $17,000 per person.
So let's say somebody contributes this amount and is matched maybe 8% by their employer each contribution period.
Can the total amount ...
5
votes
1answer
145 views
Do Roth 401(k) and Roth IRA plans share the same annual contribution limit?
I've contributed $2000 to my Roth 401(k) plan through my employer, and $4000 to my Roth IRA plan that is totally separate from my employer. My accountant says that the limit on Roth IRA contributions ...
3
votes
2answers
60 views
Overspending on an IRA issues
I have an IRA with a discount online brokerage company and somehow they let me overspend on my account. I bought something and I ended up paying more because the transaction went through the day ...
6
votes
3answers
425 views
How feasible would it be to retire just maxing out a Roth IRA?
How feasible would it be to retire on just maxed out Roth IRA contributions each year?
Obviously this depends very much on how old you are when you start, and your living expenses when you retire. ...
5
votes
2answers
181 views
How can I limit the value of my bank account tied to PayPal?
How can I limit the value of my bank account tied to PayPal?
2
votes
2answers
424 views
401(k) contribution limits & job change: How to prevent over-contributing at new employer?
My wife is changing jobs, and we are trying to figure out how to deal with her 401(k) contributions. She contributes the maximum allowed, and depends on her employer to stop deducting when the limit ...
3
votes
1answer
82 views
Do contributions made to an “involuntary 401(a)” count against the limit for a Roth IRA?
At work I pay into an "involuntary 401(a)" retirement plan. I'd like to also open up a Roth IRA on my own. Do the contributions I make through my work plan count against the $5000/year limit on the ...
5
votes
1answer
362 views
GnuCash bookkeeping for account contributions to accounts having annual contribution limits?
I'm using GnuCash, and trying to figure out how to structure a couple of accounts to track contributions to accounts like Roth IRAs and HSAs that have an annual contribution limit that I need to ...
7
votes
4answers
114 views
Can I set up a second 401(k) at my LLC?
I have a 401(k) at work. I also have an LLC. Can I start a second 401(k) and contribute an additional $16,500?
9
votes
2answers
130 views
Does an Executed Limit Order Imply a Spot Price?
Suppose I place a limit buy order at $10.00 per share for company XYZ on the NYSE or Nasdaq, while the spot price is say $10.25. If my limit order subsequently executes (whether 5 minutes later or 5 ...
5
votes
2answers
204 views
What is the difference between a stop order and a stop limit order?
New to this trading thing.
I understand that a stop order will buy a stock if it hits the given amount that I want to pay.
And I think I understand that a stop limit order will buy the stock if it ...
1
vote
1answer
194 views
How to decide on limits when purchasing/selling stocks?
Situation: I've just inherited X$, which I'd like to invest in my favorite stock. I got the money right now in my checking account, every day that passes without it being invested is a waste. Also, ...
6
votes
1answer
2k views
Are you allowed to have both a 401(k) and a SIMPLE IRA? If so, what about limits?
Are you allowed to have both a 401(k) and a SIMPLE IRA? And what would the limits be on the combined total?
I have two employers but I am maxed out at one. My understanding is that I can't use a ...
2
votes
1answer
204 views
At what top income is the HST rebate set at 0?
It appears that if a household has a total income greater than $166K (I wish), there is no rebate at all. Is this a correct interpretation?