I did it! I contributed the full $5,000 limit to my Roth IRA for 2008. I didn't think I would be able to pull it off after the disaster of my layoff, but I managed to scrimp and save and it all worked out. A priority for this year is to again max out my IRA for '09 - after this the limit will be increased by $500/year according to inflation, which is excellent.
I now have more assets, specifically retirement assets, than I've ever had before!
Oh, good for you! It's nice that you are still able to pay off despite the layoff. You are one smart saver. :)
ReplyDelete$5000 is really a lot of money, don't know how you pulled it off. Never even earned that much money.
ReplyDelete