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re: New to investing

Posted on 2/6/14 at 3:42 pm to
Posted by Oenophile Brah
The Edge of Sanity
Member since Jan 2013
7544 posts
Posted on 2/6/14 at 3:42 pm to
quote:

Started small with $5k in the account. Putting $100 in per month

You realize you only have $500 left to reach the yearly maximum?

ETA: If you were able to set the $5k as a 2013 contribution you are ok.



This post was edited on 2/6/14 at 3:45 pm
Posted by zbeaux13
Margaritaville
Member since Feb 2014
21 posts
Posted on 2/6/14 at 3:49 pm to
quote:

You realize you only have $500 left to reach the yearly maximum?

ETA: If you were able to set the $5k as a 2013 contribution you are ok.


That is my understanding. Does the amount that is reinvested within the account count towards the $5500 max?
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