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52-Week Roth IRA Contributions

Illustration for article titled 52-Week Roth IRA Contributions

Want to max out your Roth IRA this year?

While kicking around idea's for the 52-week challenge and I came up with a fairly good idea for those looking to start a retirement regimen (and those who wind up not having 5500 to put away at the end of the year in the Roth IRA):

Start at a $80 deposit and increase by 1 dollar every week. You'll wind up with $5486 at the end of 52-weeks, and I'm sure you can find a way to top off your Roth IRA with $14 by tax season to max out your contributions for the year.


Happy New Year!

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