You are allowed to fund a new IRA for the current TAX year, even if you open your account in a new CALENDAR year. So if you open a Roth IRA today, you can fully fund it ($4K) for the 2006 tax year, and begin deposits for calendar year (and tax year) 2007. So, technically, if you opened an account right now, you COULD deposit $8K.
Maybe that's where you got that number. On 2/20/07, Jacob <[EMAIL PROTECTED]> wrote: > > Google search says the each must have a separate account. Answers that. > -- She's a PhD in "I told you so" You've a knighthood in "I'm not listening" ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| ColdFusion MX7 and Flex 2 Build sales & marketing dashboard RIAâs for your business. Upgrade now http://www.adobe.com/products/coldfusion/flex2 Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:228425 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
