Comments on: Traditional and Roth IRA Contribution Limits and Deadlines http://www.debtfreeadventure.com/traditional-and-roth-ira-contribution-limits/ Pay off debt. Save. Give. Live your mission. Wed, 08 Feb 2012 17:36:06 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Choose Index Funds as a Long Term Investment http://www.debtfreeadventure.com/traditional-and-roth-ira-contribution-limits/#comment-22185 Choose Index Funds as a Long Term Investment Mon, 09 Jan 2012 12:00:44 +0000 http://www.debtfreeadventure.com/?p=4177#comment-22185 [...] that may dissuade them from almost every long-term investment vehicle available. We are told that Roth IRAs can be a bad investment. We see the stock market turning into a roller coaster that is no more [...] [...] that may dissuade them from almost every long-term investment vehicle available. We are told that Roth IRAs can be a bad investment. We see the stock market turning into a roller coaster that is no more [...]

]]> By: Roth IRAs | Info and Deadline http://www.debtfreeadventure.com/traditional-and-roth-ira-contribution-limits/#comment-15719 Roth IRAs | Info and Deadline Mon, 25 Apr 2011 15:12:08 +0000 http://www.debtfreeadventure.com/?p=4177#comment-15719 [...] more.Make sure all your high interest debt is paid off.Roth IRA Info:Check this link for the latest Roth IRA information.Roth IRAs are tax exempt accounts, not tax deferred accounts.  Although your [...] [...] more.Make sure all your high interest debt is paid off.Roth IRA Info:Check this link for the latest Roth IRA information.Roth IRAs are tax exempt accounts, not tax deferred accounts.  Although your [...]

]]> By: SEP IRA – Contribution Limits and Deadlines http://www.debtfreeadventure.com/traditional-and-roth-ira-contribution-limits/#comment-14811 SEP IRA – Contribution Limits and Deadlines Mon, 14 Mar 2011 15:26:42 +0000 http://www.debtfreeadventure.com/?p=4177#comment-14811 [...] date of employer’s return (Including extensions).Follow this link for information on Traditional and Roth IRA contribution limits.Details of SEP IRA, contributions limits, and deadlinesThe SEP IRA was designed as a low cost [...] [...] date of employer’s return (Including extensions).Follow this link for information on Traditional and Roth IRA contribution limits.Details of SEP IRA, contributions limits, and deadlinesThe SEP IRA was designed as a low cost [...]

]]> By: Matt Jabs http://www.debtfreeadventure.com/traditional-and-roth-ira-contribution-limits/#comment-14648 Matt Jabs Sat, 12 Mar 2011 17:12:07 +0000 http://www.debtfreeadventure.com/?p=4177#comment-14648 My pleasure Jason. TurboTax is definitely all you need to do LLC taxes, and they actually recommend different types of their product if you have an LLC as a sole proprietorship versus and LLC taxed as a Corp. <blockquote>Choose TurboTax Home & Business if you have a single-member LLC that is treated as a sole proprietorship. If you own an interest in a multiple-member LLC (or a partnership, S corporation or C corporation), choose TurboTax Business.</blockquote> My pleasure Jason. TurboTax is definitely all you need to do LLC taxes, and they actually recommend different types of their product if you have an LLC as a sole proprietorship versus and LLC taxed as a Corp.

Choose TurboTax Home & Business if you have a single-member LLC that is treated as a sole proprietorship. If you own an interest in a multiple-member LLC (or a partnership, S corporation or C corporation), choose TurboTax Business.

]]> By: Jason L http://www.debtfreeadventure.com/traditional-and-roth-ira-contribution-limits/#comment-14647 Jason L Sat, 12 Mar 2011 17:08:05 +0000 http://www.debtfreeadventure.com/?p=4177#comment-14647 Thanks for the comment Matt... will be sure to buy TurboTax via your link sometime this week. It's interesting that you're using it for an LLC though. I think that with all of the various items you need to remember with an LLC, it's probably enough that would scare me toward using an accountant. Glad to hear that it's an option that's available, and that somebody (e.g. you) can vouch for. Thanks for the comment Matt… will be sure to buy TurboTax via your link sometime this week. It’s interesting that you’re using it for an LLC though. I think that with all of the various items you need to remember with an LLC, it’s probably enough that would scare me toward using an accountant. Glad to hear that it’s an option that’s available, and that somebody (e.g. you) can vouch for.

]]> By: Matt Jabs http://www.debtfreeadventure.com/traditional-and-roth-ira-contribution-limits/#comment-14603 Matt Jabs Thu, 10 Mar 2011 22:06:59 +0000 http://www.debtfreeadventure.com/?p=4177#comment-14603 Hi Jason, Great question. I also operate a small business and still use TurboTax Online to file my taxes. I recently graduated my business to an LLC and will continue to use TurboTax because it scales beautifully. I can't imagine you needing an accountant unless you feel you're in over your head. TurboTax has always walked me through every possible deduction no matter my tax situation, so I'm confident you'll have the same experience. Hi Jason,

Great question. I also operate a small business and still use TurboTax Online to file my taxes. I recently graduated my business to an LLC and will continue to use TurboTax because it scales beautifully. I can’t imagine you needing an accountant unless you feel you’re in over your head. TurboTax has always walked me through every possible deduction no matter my tax situation, so I’m confident you’ll have the same experience.

]]> By: Jason L http://www.debtfreeadventure.com/traditional-and-roth-ira-contribution-limits/#comment-14595 Jason L Thu, 10 Mar 2011 20:14:04 +0000 http://www.debtfreeadventure.com/?p=4177#comment-14595 Matt, Nice breakdown of IRA contribution limits. Also read your writeup of TurboTax... very helpful. Do you have any recommendations for those of us who operate a small business as well? Mine should be pretty simple (just a general partnership), but I'm wondering where you recommend people drawing the line between doing it themselves with TurboTax, and hiring an accountant. Matt,
Nice breakdown of IRA contribution limits. Also read your writeup of TurboTax… very helpful. Do you have any recommendations for those of us who operate a small business as well? Mine should be pretty simple (just a general partnership), but I’m wondering where you recommend people drawing the line between doing it themselves with TurboTax, and hiring an accountant.

]]> By: Matt Jabs http://www.debtfreeadventure.com/traditional-and-roth-ira-contribution-limits/#comment-14473 Matt Jabs Wed, 09 Mar 2011 03:54:11 +0000 http://www.debtfreeadventure.com/?p=4177#comment-14473 Sadly, many people simply aren't in the position to contribute... even if they wanted to. That's why we have to keep writing and spreading the word! Sadly, many people simply aren’t in the position to contribute… even if they wanted to. That’s why we have to keep writing and spreading the word!

]]> By: Jonathan Elder http://www.debtfreeadventure.com/traditional-and-roth-ira-contribution-limits/#comment-14471 Jonathan Elder Wed, 09 Mar 2011 02:20:27 +0000 http://www.debtfreeadventure.com/?p=4177#comment-14471 Thanks Matt! I'm definitely maxing out my Roth this year. I started one when I was 22 and plan on maxing it out until I retire. I'm struggling to get my 401k maxed however :( On a side note, I mentioned a Roth-Ira at work today and got nothing but blank stares, how sad is that. I sincerely feel bad for people who are relying on social security for retirement! Thanks Matt! I’m definitely maxing out my Roth this year. I started one when I was 22 and plan on maxing it out until I retire. I’m struggling to get my 401k maxed however :( On a side note, I mentioned a Roth-Ira at work today and got nothing but blank stares, how sad is that. I sincerely feel bad for people who are relying on social security for retirement!

]]> By: Matt Jabs http://www.debtfreeadventure.com/traditional-and-roth-ira-contribution-limits/#comment-14465 Matt Jabs Tue, 08 Mar 2011 19:38:38 +0000 http://www.debtfreeadventure.com/?p=4177#comment-14465 Good to hear Jenna. Good to hear Jenna.

]]> By: Jenna http://www.debtfreeadventure.com/traditional-and-roth-ira-contribution-limits/#comment-14464 Jenna Tue, 08 Mar 2011 19:19:44 +0000 http://www.debtfreeadventure.com/?p=4177#comment-14464 Thanks for the information. Hopefully maxing out on April 1st - give me some time to finalize my taxes before the big due date. Thanks for the information. Hopefully maxing out on April 1st – give me some time to finalize my taxes before the big due date.

]]> By: 5 Ways to Beat the IRS http://www.debtfreeadventure.com/traditional-and-roth-ira-contribution-limits/#comment-9731 5 Ways to Beat the IRS Thu, 10 Jun 2010 20:42:05 +0000 http://www.debtfreeadventure.com/?p=4177#comment-9731 [...] way to give the IRS a friendly “black eye”.  Of course, make sure you know what the Roth IRA contribution limits [...] [...] way to give the IRS a friendly “black eye”.  Of course, make sure you know what the Roth IRA contribution limits [...]

]]> By: Andy http://www.debtfreeadventure.com/traditional-and-roth-ira-contribution-limits/#comment-8965 Andy Fri, 26 Mar 2010 02:50:39 +0000 http://www.debtfreeadventure.com/?p=4177#comment-8965 A very thorough explanation. It's sad that more people don't take advantage of these plans, Particularly Roth IRA's, with their post-retirement tax benefits. But thinking 30 years out is not always the easiest thing to do. A very thorough explanation. It’s sad that more people don’t take advantage of these plans, Particularly Roth IRA’s, with their post-retirement tax benefits. But thinking 30 years out is not always the easiest thing to do.

]]> By: Economy and your finances carnival Feb 21st 2010 http://www.debtfreeadventure.com/traditional-and-roth-ira-contribution-limits/#comment-7907 Economy and your finances carnival Feb 21st 2010 Sun, 21 Feb 2010 05:46:35 +0000 http://www.debtfreeadventure.com/?p=4177#comment-7907 [...] Jabs presents Traditional and Roth IRA Contribution Limits posted at Debt Free Adventure!, saying, “Continually updated information on Roth IRA [...] [...] Jabs presents Traditional and Roth IRA Contribution Limits posted at Debt Free Adventure!, saying, “Continually updated information on Roth IRA [...]

]]> By: 2010 401k Limits for Roth and Traditional http://www.debtfreeadventure.com/traditional-and-roth-ira-contribution-limits/#comment-7106 2010 401k Limits for Roth and Traditional Tue, 02 Feb 2010 06:26:13 +0000 http://www.debtfreeadventure.com/?p=4177#comment-7106 [...] Check here for Roth IRA and Traditional IRA Limits for 2010. [...] [...] Check here for Roth IRA and Traditional IRA Limits for 2010. [...]

]]> By: Getting Started Investing - How I Did It http://www.debtfreeadventure.com/traditional-and-roth-ira-contribution-limits/#comment-6246 Getting Started Investing - How I Did It Tue, 12 Jan 2010 15:02:16 +0000 http://www.debtfreeadventure.com/?p=4177#comment-6246 [...] IRA Contrib Limits [...] [...] IRA Contrib Limits [...]

]]> By: How To Start Investing with $1,000 or Less http://www.debtfreeadventure.com/traditional-and-roth-ira-contribution-limits/#comment-6196 How To Start Investing with $1,000 or Less Mon, 11 Jan 2010 11:01:44 +0000 http://www.debtfreeadventure.com/?p=4177#comment-6196 [...] IRA Contrib Limits [...] [...] IRA Contrib Limits [...]

]]> By: The Financial Blogger » Blog Archive » The Carnival of Personal Finance #238 – 5 Tricks To Keep Your Resolutions For The Year Edition http://www.debtfreeadventure.com/traditional-and-roth-ira-contribution-limits/#comment-6182 The Financial Blogger » Blog Archive » The Carnival of Personal Finance #238 – 5 Tricks To Keep Your Resolutions For The Year Edition Sun, 10 Jan 2010 23:22:36 +0000 http://www.debtfreeadventure.com/?p=4177#comment-6182 [...] Matt Jabs from Debt Free Adventure presents Traditional IRA and Roth IRA Contribution Limits, and says, “Continually updated information on Roth IRA contribution limits and Traditional [...] [...] Matt Jabs from Debt Free Adventure presents Traditional IRA and Roth IRA Contribution Limits, and says, “Continually updated information on Roth IRA contribution limits and Traditional [...]

]]> By: When is it Time to Move from Saving to Investing? | Money Under 30 http://www.debtfreeadventure.com/traditional-and-roth-ira-contribution-limits/#comment-6084 When is it Time to Move from Saving to Investing? | Money Under 30 Thu, 07 Jan 2010 22:41:26 +0000 http://www.debtfreeadventure.com/?p=4177#comment-6084 [...] If you haven’t already, start saving for retirement now, and if you can, contribute the maximum up to IRA contribution limits. [...] [...] If you haven’t already, start saving for retirement now, and if you can, contribute the maximum up to IRA contribution limits. [...]

]]> By: Festival of Frugality – How To Eliminate The Muda And Live More Frugally Edition! « Eliminate The Muda! http://www.debtfreeadventure.com/traditional-and-roth-ira-contribution-limits/#comment-5979 Festival of Frugality – How To Eliminate The Muda And Live More Frugally Edition! « Eliminate The Muda! Tue, 05 Jan 2010 11:36:44 +0000 http://www.debtfreeadventure.com/?p=4177#comment-5979 [...] Being frugal is all about making the most of your resources, when it comes to cash is there any better way than investing your money in the most efficient manner possible? Debt Free Adventures explores the Traditional and Roth IRA Contribution Limits. [...] [...] Being frugal is all about making the most of your resources, when it comes to cash is there any better way than investing your money in the most efficient manner possible? Debt Free Adventures explores the Traditional and Roth IRA Contribution Limits. [...]

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