Category Archives: $48000
ESA Contributions Made And Invested
I firmly believe in planning for the future. I have two children, ages 7 and 3. I realize that in 10 years, my oldest will be going to college. I feel that it is (partially) my responsibility to pay for her college education. I choose to use an ESA to save for college. ESA stands [...]
Three Topics In One Post: Taxes, Roths, Fees
I have 3 “mini-posts” that I’ve decided to consolidate into one “bigger-post”. I mentioned some time ago that I was ready to file my taxes. Do to the fact that I’ve been very, very busy, I am just now getting around to actually filing. For more information about the free service that I’ll be using [...]
Saving $48,000 This Year: First Roth Contributions Made
I deposited my paycheck today and I just sent my first Roth IRA contributions. For more information about my goal of saving $48,000 this year, read this post. My total IRA contributions for 2006/2007 (for two accounts) will be $8000. I sent $400 to each account, for a total contribution of $800. (Normally I would [...]
Saving $48,000 This Year: Roth IRAs, Goal Change, Updates!
I will be depositing my paycheck Friday and sending in my first ever Roth IRA contributions. I recently opened two Roth IRAs, one for myself and one for my wife. The maximum contribution for fiscal year 2006 is $4000 per Roth IRA. Fully funding our Roth IRAs for 2006 AND 2007 would take $16,000. Wow. [...]
