I would really like to fully fund my IRA this year, but it doesn't look like I'm going to be able to do it. I currently contribute $2500 a year to it. I figured out that if I were to have the full amount withheld I would be missing another $56 out of both paychecks each month. My budget just won't support that.
I'm hoping that when I get my raise next year I can put all of that in the IRA. I think if I just keep my paycheck the same I won't even miss that money.
May 11th, 2007 at 12:47 pm 1178887620
In the meantime, don't beat yourself up about not fully funding. $2,500/year is great. That will grow very nicely over time.
May 11th, 2007 at 02:10 pm 1178892612
May 11th, 2007 at 02:28 pm 1178893697
May 11th, 2007 at 05:42 pm 1178905349
You can contribute for 2007 up until April of 2008. Maybe between now and then you'll have extra money to add in. You can add in what you want, it doesn't have to be $2,500; it could be $1,000. You're doing great!
May 11th, 2007 at 09:32 pm 1178919129