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Goal met: Roth IRA fully funded for 2008

August 21st, 2008 by Grant in: Finance, Goals, Retirement, Saving
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Last week I made my final contribution to my Roth IRA for 2008. So we’ve contributed all we can to both my wife and I’s personal retirement accounts.  This is on top of our individual company sponsored retirement plans.

I’m happy to say that we’ve managed to fulfill this goal about 6 months early this year, which gives us time to start saving for next years $10,000+ contribution limits.

(Starting in 2009, the Roth IRA contribution limits will be indexed to inflation.)

So now I have to figure out where to stash the money for the next six months.  I’m leaning towards the Emigrant Direct account, since they increased the APY to 3%.

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3 Comments

  1. Alisa
    August 21st, 2008 at 11:49 am

    Congratulations on meeting your goals early!

  2. brainy
    August 22nd, 2008 at 1:03 pm

    Way to go, Grant!

    Now I’ve just got to get myself in gear…

  3. Peter
    September 9th, 2008 at 8:09 pm

    If you are looking for a liquid place to stash some cash, Capital One has a 3.5 APY savings account with $10k balance. Not sure if that fits you, but anyway….

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