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Old 12-08-2006, 02:08 AM
bav bav is offline
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Join Date: Nov 2005
Location: Vegas
Posts: 2,857
Default Re: Roth IRA questions..

[ QUOTE ]
"Plus inflation adjustment in $500 increments beginning in 2009."

Does this mean the max. contributions increase by $500 per year every year after 2009?

[/ QUOTE ]

It means that when they DO adjust it, it will be in $500 increments. It may be 0, it may be $500, it may be $1000. It won't be $347.53.
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