4
votes
3answers
377 views

How to diversify IRA portfolio given fund minimum investments and IRA contribution limits?

I recently opened a Roth IRA. Most of the funds at the fund company (Vanguard) have a minimum initial investment of $3000. The IRA contribution limit is $5500. This means I can only buy into one ...
6
votes
1answer
199 views

Already did my taxes for the year 2013 and received my return. Can I still contribute to my Roth IRA for the year 2013?

So I already did my taxes this year and received my return. I am curious if I am still able to contribute to my Roth IRA for the 2013 year even after having done so, as I understand you can contribute ...
2
votes
1answer
182 views

Contributing to a Roth IRA while income tax filing status is “Married Filing Separately”?

Most of 2013 I was married, though there was a portion of the year that I was single. Because my spouse and I have unusual work situations (mixture of self-employment, business ownership, and ...
4
votes
1answer
72 views

Why has the contribution limit for IRAs increased so much over the years?

According to Wikipedia the maximum contribution rate for a Roth IRA was 2000 dollars in 1998. In 2013 the contribution limit was 5500 dollars. This appears to be an increase of a little less than 7% ...
6
votes
1answer
55 views

Can I contribute my existing Treasury Bills into a Roth IRA?

Let's say I have paper 30yr treasury bills sitting in a safe that don't mature for 9 years. Can I place those bills into a Roth IRA? If so, are they valued against my contribution limit at face ...
3
votes
1answer
149 views

Does it make sense to max out contributions earlier in the year?

Let's say a person is making regular monthly contributions to his/her Roth IRA, HSA, and 401K with employer match, up to annual limits. All contributions are put into index funds. Assuming this person ...
1
vote
2answers
486 views

How are employer matched contributions handled in rollover from Roth 401k to Roth IRA?

I recently asked this question: Can I do a Roth 401k rollover to Roth IRA and withdraw contributions I've made this year? In there, one of the answers pointed out that employer 401k contributions ...
2
votes
1answer
476 views

Can you replace Roth IRA contributions that you withdrew? [duplicate]

If I withdraw my Roth IRA contributions from previous years, is it possible to ever replace that money in the Roth IRA?
5
votes
2answers
561 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 ...
6
votes
3answers
1k 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. ...
3
votes
1answer
110 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 ...
6
votes
1answer
1k views

Can I withdraw Roth 401k contributions penalty-free before age 59.5?

I know that with a Roth IRA, contributions can be withdrawn penalty-free at any time. If I rollover a Roth 401k into a Roth IRA, can I do the same with the contributions made to the Roth 401k? I've ...
9
votes
3answers
700 views

Who keeps track of my contributions to my Roth IRA?

Since withdrawals up to the amount you contributed in a Roth IRA are tax and penalty free, who keeps track of that amount? I've transferred my Roth IRA from one broker to another so the new broker ...
6
votes
1answer
442 views

U.S. Citizen's Roth IRA contributions by a resident of a foreign country

I have been living abroad for several years now, but while I was in the States, I started a Roth IRA. I would like to start contributing again, but I'm not sure how exactly to go about it. My salary ...
4
votes
4answers
328 views

How do I determine how much money to put into pre-tax and post-tax retirement accounts?

Is there a good rule of thumb for determining how much money to put into each type of account? I'm not at a point where I can max both my 401k, my ROTH IRA, and my wife's ROTH IRA, so I'd like to know ...
9
votes
6answers
843 views

Should I try to max contribute to my Roth IRA asap?

Assuming that I can afford it: should I try to max contribute ($5k) to my Roth IRA as soon as possible in the tax year or break up the contributions evenly throughout the year?