Message Font: Serif | Sans-Serif
No. of Recommendations: 0
<< I have heard that congress is considering increasing the yearly Roth and reguler IRA contributions from $2000.00 to $5000.00... do you believe this will happen? >>

It's an election year and my crystal ball is at the cleaners, so it's hard to tell what Congress will do. You can take some heart in the fact that the eponymous Mr. Roth still chairs the Senate Finance Committee, and he thinks it's a swell idea. He's also up for election this year and rumored to have a strong challenger, so the feedback he gets from Delaware constituents will probably influence how much he pushes this.

The best I can advise is "Stay tuned."

Phil Marti
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.