RetireSimply's Guide to Roth IRA.
If an investment has lost value inexplicably, do not panic sell.
Your loss is not realized until you sell and the investment may still be a great investment, despite the price.
2011 - 2012 ROTH IRA CONTRIBUTION LIMITS
|Filing Status||2011 Income||2012 Income||Contribution|
|married filing jointly, or qualified widow (er)||$168,999||172,999||Maximum Contribution|
|married filing separately and you lived with your spouse at any time during the year||$0||$0||No Maximum Available|
|single, head of household, or married filing separately and you did not live with your spouse at any time during the year||$106,999||$109,999||Maximum Contribution|
If you converted or rolled over amounts to your Roth IRAs in 2010 and did not elect to include the entire amount in income in 2010, you must include part of the amount in income in 2011.