147th Carnival of Personal Finance, plus 2007 IRA Deadline

Posted 9 April 2008 by

First of all, thanks to MoneyNing for including my article on The House Rabbit – Nature’s Economical Pet as part of the Carnival of Personal Finance #147. I told my rabbit that he’s famous now, but all he did was beg for a piece of banana. :-)

The 15th of April is fast approaching, and you know what that means? Taxes? No, no, no. I paid those last year! More importantly, April 15, 2008 is the deadline to contribute to your Roth/Traditional IRA for the year 2007.

The contribution limit is $4,000 ($5,000 if you’re 50 or older), and has gone up to $5,000 for the calendar year 2008. If you don’t have an IRA, the perfect time to start one is RIGHT NOW!

As a graduate student (in the arts!), my salary is pitiful, laughable, and embarrassing. Seriously, there are people who weigh more than what I bring home each paycheck! Even so, I have scrimped and scraped and managed to fund my IRA contribution to the max.

If I can do it, you can too. :-)

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  • Post Title: 147th Carnival of Personal Finance, plus 2007 IRA Deadline
  • Date Posted: 9 April 2008
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One Response to 147th Carnival of Personal Finance, plus 2007 IRA Deadline

  1. Steven Burda, MBA says:
    April 10, 2008 at 8:20 am

    Everyone who can do IRA should! Even if $100, $1000, or max.

    -Steven Burda
    http://www.linkedin.com/in/burda