Showing posts with label Jim Cramer. Show all posts
Showing posts with label Jim Cramer. Show all posts

Thursday, January 03, 2008

Money Money Money

IRA is on my mind this morning. The maximum amount you can contribute for 2008 (either ROTH or Traditional) is $5,000. It pays to max out as early as possible, so your fund can snowball throughout the year - January through December - as opposed to just a month or two at the end of the year.

Missed out in 2007? No sweat - you have until April 15th to make up for the previous year. The maximum amount for 2007 is $4,000.

Of course, I'm no expert on any of this. Read up on Jim Cramer. He's handpicked some gems.