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Author: Henchev Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76621  
Subject: 403b, Roth IRA Date: 12/2/2004 8:31 PM
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Hello Everyone,

Several questions pls.

I have 403b at work and I am going to turn 50 yrs old in 2005. Yearly income about 70K. I want to max out my 403b and I believe I will be also entiltled to a 'catch up' contribution.

1. Q: Can I contribute the whole amount allowed in the first part of the year as opposed to spreading it throughout the year through all the paychecks? If I can 'front fund it', what if I change the job during the year?

2. Q: When can I start making the 'catchup' contributions? Can I start at the beginning of the year 2005 or do I have to wait till I actually turn 50 yrs old, which will not be until November 2005? What is the max for each pls?

3. I believe I can still contribute toward Roth IRA, no? If yes, what is the max for 2005 (including the catchup Ira contribution?

Much obliged,
Regards to all.
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