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Thread: Questions From Newbies Like Me

  1. #31

    Join Date
    Feb 2009
    Posts
    654

    Default Re: Questions From Newbies Like Me

    Quote Originally Posted by USPSretired View Post
    Thanks again Lady. Am I correct in understanding that the minimum Roth deposit is $5000?
    Actually I think that the maximum Roth contribution per year is $5,000 (plus $1,000 catch-up contribution if you're old enough). But I'd Google that to make sure because I'm not positive.

    Lady
    If you think education is expensive, try ignorance. - Derek Bok

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  3. #32

    Join Date
    Mar 2009
    Location
    Curlew Washington
    Posts
    6

    Default Re: Questions From Newbies Like Me

    Quote Originally Posted by XL-entLady View Post
    Actually I think that the maximum Roth contribution per year is $5,000 (plus $1,000 catch-up contribution if you're old enough). But I'd Google that to make sure because I'm not positive.

    Lady
    I found that to be correct. Thanks again for the info. I completed my online application about an hour ago and will be wiring funds and hopefully making my first buys tomorrow.

    Ron

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