Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "SAHMs, how much money do you have in your own name that is not joint?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]How can she contribute to a Roth if her husband is s very high earner and they file jointly? Makes me doubt her numbers altogether. [/quote] OP here. It was actually a traditional IRA. I totally forgot I had these accounts at fidelity. I have another 50k in my traditional IRA. I am not really sure what a Roth IRA is and I don't have one of those. I just have a bank account that I opened when I was in high school, 401k, traditional IRA and some stock shares from my old company. [/quote] Ok, a Roth is helpful as an emergency cash stash as you can withdraw your contributions penalty free before hitting 59 1/2. A traditional IRA doesn't let you do that but you can contribute with pretax money. I am a SAHM and have a Roth IRA. My DH however is not as high of an earner as most here. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
