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By The Skin of Our Teeth

April 13th, 2007 at 08:28 am

By The Skin of Our Teeth

I made my final 2006 contribution to my IRA fully funding it.

So, that means that THE Hubster put his full $5000 in this year and I put in my $4000! That's the first time we've been able to fully fund both of them! I'm thrilled I tell ya, thrilled!!!

I would certainly like to get all of 2007's put in during the calendar year this year as carrying over what got put where when in what year can get a bit confusing! I like having ours at Fidelity as they keep a nice little running total for you.

For the kiddos: Both were able to put back $1200 into their IRAs this year with hopes/plans/budget forecasts to increase it this coming year. CashHappySon makes enough money he could seriously up his contributions this year, but FrugalSon doesn't make as much and we are already squeezing his little salary as far as we can! Perhaps another part-time job is in order.

5 Responses to “By The Skin of Our Teeth”

  1. Nic Says:

    Congrats on fully funding your IRA's. No small feat!

  2. monkeymama Says:

    Congrats!!! 2007 is the same but I think you will be able to put in $5k & $6k in 2008. IT is stressing me out - hehe. GEtting so close to the max and then they UP it. For the long haul it is great though, being able to put in more.

    Way to go!

  3. Elly Says:


    And I love your blog colors.

  4. robex Says:

    Great job! You should be proud.

  5. homebody Says:

    Yahoo! I am figuring out mine today, sending off the taxes ($7300.00 additional ouch!) too!

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