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ROTHs fully funded for 2010!

April 4th, 2010 at 01:53 am

I just transferred $1,395 to my Roth and $1,570 to my wife's Roth. That maxes both of them for 2010. I'm pretty sure this is the earliest in the year that we've ever gotten them funded. That was partly because I had some money designated for savings toward the end of 2009 that I hadn't put anywhere yet so on 1/1 I sent it to the Roths. For a variety of reasons, we also ended up with a larger than anticipated tax refund which got direct-deposited last week so I used that to help finish them off.

I haven't fully invested all the money yet - some of it is in the MMF - but at least it is all in the Roth accounts.

Posted in Personal Finance | 4 Comments »

4 Responses to “ROTHs fully funded for 2010!”

  1. creditcardfree Says:
    April 4th, 2010 at 02:36 am 1270348618
    1270348618

    Congratulations!

  2. Analise Says:
    April 4th, 2010 at 02:48 am 1270349323
    1270349323

    It's a nice way to start the 2nd quarter of the year!

  3. Ima saver Says:
    April 4th, 2010 at 05:14 pm 1270401249
    1270401249

    Good for you! I just got my IRA's funded for 2009!

  4. disneysteve Says:
    April 4th, 2010 at 10:54 pm 1270421696
    1270421696

    When I did our taxes, I double checked with our accountant that we weren't nearing the limit of being allowed to fund Roths (we aren't close) and that it was still okay to max them out early in the year. I know some people who can't make their Roth contributions until tax time because they are at or over the limit for the maximum contribution.

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