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Started By
Message
re: Someone Tell Me About Roth IRAs (New ? on Pg 3)
Posted on 8/31/12 at 11:45 am to yellowfin
Posted on 8/31/12 at 11:45 am to yellowfin
quote:
anyone under 40 should max roth first
With the caveat that they've contributed up to the match in their 401k first.
quote:
I believe 5,000 is the most you can put in a Roth per year.
And that's per person, so if you are married, you should be contributing $10k as a couple.
This post was edited on 8/31/12 at 11:47 am
1
Posted on 8/31/12 at 12:42 pm to CoolHand
ok .... not to hijack the thread .... but can someone pretend that im a 2nd grader who failed coloring book class and explain to me ( in kiddie words ) the slow mans answer to the OP's question? better yet , pretend im a caveman that transported from the past having knowledge of only two words ... bone and cook .... and break down for me what the hell Roth IRAs are , why or why not an individual should invest in one, and how one can acquire it.
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