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Old 09-30-2008, 11:34 AM
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haigha haigha is offline
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Join Date: Jun 2005
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Quote:
Originally Posted by motordavid
haigha,
I knew the rules & parameters...I was just trying to avoid a very
complex answer. You are simply single and a high earner...quit
your beefing,

Hey, us RetiredBums can't contribute a fookin nickel to any IRA,
as it's based on Earned Income, of which I haven't earned any
in 8 1/2 years. And, to convert my IRAs to aRoth now,
I get banged on some taxes and then can't touch the Roth for several years.
I'm not complaining, just clarifying for the OP I max out my IRA SEP contribution each year. The limits are much higher than traditional or Roth IRAs:

http://retireplan.about.com/od/retir...ira_basics.htm

Now quit your bitchin' about not being able to contribute Go chase a little white ball or something
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