http://www.ncnblog.com/2007/06/21/403b-contribution-limits-roth-ira-contribution-limits-for-2008/ Debt Reduction Rocks - We Are Living Debt Free! Fri, 10 Feb 2012 00:09:10 +0000 hourly 1 http://www.ncnblog.com/2007/06/21/403b-contribution-limits-roth-ira-contribution-limits-for-2008/comment-page-1/#comment-123591   Midyear Retirement Funding Checkup (One Month Late): Taking A Look At My 2008 Contribution Goals by No Credit Needed Sat, 02 Aug 2008 04:26:31 +0000 http://www.ncnblog.com/2007/06/21/403b-contribution-limits-roth-ira-contribution-limits-for-2008/#comment-123591 [...] By the way, my goals for my retirement contributions are based on the maximum allowable contributions for 2008.  Click here for information about 403b and Roth IRA contribution limits for 2008. [...] [...] By the way, my goals for my retirement contributions are based on the maximum allowable contributions for 2008.  Click here for information about 403b and Roth IRA contribution limits for 2008. [...]

]]> http://www.ncnblog.com/2007/06/21/403b-contribution-limits-roth-ira-contribution-limits-for-2008/comment-page-1/#comment-65172 Jim Mon, 24 Dec 2007 19:19:44 +0000 http://www.ncnblog.com/2007/06/21/403b-contribution-limits-roth-ira-contribution-limits-for-2008/#comment-65172 The contribution limit for 2008 remains unchange at $15,500 (under 50), and $20,500 (over 50). The contribution limit for 2008 remains unchange at $15,500 (under 50), and $20,500 (over 50).

]]> http://www.ncnblog.com/2007/06/21/403b-contribution-limits-roth-ira-contribution-limits-for-2008/comment-page-1/#comment-22763 Anonymous Tue, 10 Jul 2007 21:37:42 +0000 http://www.ncnblog.com/2007/06/21/403b-contribution-limits-roth-ira-contribution-limits-for-2008/#comment-22763 In response to Mia, it is incredibly unlikely you are not getting charged any fees -- you may not be getting charged account maintenance fees but more likely in the form of fund management fees. Some retirement plans have funds which charge over 1% for "fund management" which is pretty outrageous in today's investment marketplace where index funds with fees lower than .25% are common. However, some plans make it hard for you to find out the management fees; you may have to ask your plan administrator for a prospectus. In response to Mia, it is incredibly unlikely you are not getting charged any fees — you may not be getting charged account maintenance fees but more likely in the form of fund management fees. Some retirement plans have funds which charge over 1% for “fund management” which is pretty outrageous in today’s investment marketplace where index funds with fees lower than .25% are common. However, some plans make it hard for you to find out the management fees; you may have to ask your plan administrator for a prospectus.

]]> http://www.ncnblog.com/2007/06/21/403b-contribution-limits-roth-ira-contribution-limits-for-2008/comment-page-1/#comment-20849 Duane Gran Thu, 28 Jun 2007 12:21:40 +0000 http://www.ncnblog.com/2007/06/21/403b-contribution-limits-roth-ira-contribution-limits-for-2008/#comment-20849 If you are a prodigious saver, you may wish to inquire with your human resources department about the availability of a state sponsored 457 plan. Non-profit employees may contribute both to a 403(b) and a 457 and the limits are the same, except that the tax code is structured such that you can contribute the maximum to both plans. In other words, you can put 16k into the 403(b) as well as up to 16k into the 457. Very few public sector employees are aware of this powerful option to defer taxes. If you are a prodigious saver, you may wish to inquire with your human resources department about the availability of a state sponsored 457 plan. Non-profit employees may contribute both to a 403(b) and a 457 and the limits are the same, except that the tax code is structured such that you can contribute the maximum to both plans. In other words, you can put 16k into the 403(b) as well as up to 16k into the 457. Very few public sector employees are aware of this powerful option to defer taxes.

]]> http://www.ncnblog.com/2007/06/21/403b-contribution-limits-roth-ira-contribution-limits-for-2008/comment-page-1/#comment-19998 No Credit Needed » Blog Archive » Can We Both Fully Fund Roth IRAs? Mon, 25 Jun 2007 15:43:10 +0000 http://www.ncnblog.com/2007/06/21/403b-contribution-limits-roth-ira-contribution-limits-for-2008/#comment-19998 [...] recently wrote a post about Roth IRA contribution limits. Reader Kara left the following comment: I have a quick question that I can’t seem to find the [...] [...] recently wrote a post about Roth IRA contribution limits. Reader Kara left the following comment: I have a quick question that I can’t seem to find the [...]

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