How Much Can My Spouse Contribute to an IRA?

How Much Can My Spouse Contribute to an IRA?
The combined individual / spousal IRA contribution maxes out at $10,000 for 2009. This is an increase of $2,000 from 2007. For 2010, the increase will be based according to inflation and the cost of living. Eligibility All IRAs don’t allow unemployed people from making contributions. However an employed man / woman can make deposits on behalf of their unemployed partner. This is also applicable for those whose spouse makes little money. To qualify, one must be married. Filing income taxes must be done in joint fashion. Your income also needs to at least equal the amount you’ll deposit in the retirement account. For Traditional IRA, your spouse should be under 70 ½ years of age. The spousal IRA contribution rule states your spouse needs to be below this age in the year you make your deposit. For Roth IRA there are no age restrictions. Compensation Limitations For a Roth IRA the limit is at $169,000. For Traditional IRA there is no ceiling. If your income is under $159,00 you can...
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How Much Does a Giraffe Cost?

How Much Does a Giraffe Cost?
Amongst the numerous special of animals out there, one of the most interesting is the giraffe, which is known for its uniquely long neck. Because of this, it is considered the tallest among the animals living on land. Add to that, it is also characterized by a background color of dark yellowish brown as well as irregular black to yellow patches. This animal lives well in natural environments like woodlands, grasslands and savannas. Let’s find out more interesting things about it including how much does a giraffe cost. The Average Price for a Giraffe How much does a giraffe cost? The answer is close to $25,000. Based on records, it is an illegal practice to own a giraffe privately in numerous states in the U.S. However, some areas in the country allow private ownership, such as the state of Texas. This animal belongs to phylum Chordata, class Mammalia in the order Artiodactyla. Together with the okapi, they comprise the only two species living under the Giraffidae family. Additional Details...
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How Much Does It Cost to Rent a Limo?

How Much Does It Cost to Rent a Limo?
Limousine (also known as limo) is one of the high-end saloon or luxury cars that feature a long wheelbase. Most of these cars are owned by governments since these are used to transport top-ranking public officials. People who will attend special occasions like weddings and birthdays of famous personalities usually rent these vehicles. To make sure that you have enough budgets to rent the car, it is best to know the usual cost of renting a limousine. Renting the Car How much does it cost to rent a limo? The rental cost is influenced by several factors like the event where the car will be used as well as passenger size. However, the cost of renting this vehicle usually ranges between $50 to $75 an hour. Other factors that affect the cost are the model of the car to be used as well as the mileage. For instance, renting a Lincoln model is cheaper than renting Chrysler 300 as well as Cadillac Hummer models. In addition to this, car rental companies also give additional charges to those who will...
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How Much is My Motorcycle Worth?

How Much is My Motorcycle Worth?
If you are thinking of selling your bike, having an idea of the worth of motorcycles is a must. There are several factors that will determine the price. General Price The following is a rough estimate of some motorbikes. Bear in mind that other factors will influence its value, including condition. However, this can serve as a general guide. Harley Davidson For the XLH 883 Sportster (5 year old) it’s about $5,000. The same amount is expected of the 883 Hugger. For a 3 year old Dyna Wide 1500 it is about $10,000. The 3 year Dyna Low Rider costs about $13,000. The Dyna Glide T Sport 15000 retails for about $13,000 also. The VRSCA V Rod 1150 (1 year) market price is almost $17,000. The FLHR Road King costs about $14,000 and the three year old Fat Boy $13,500. The worth of motorcycles is highly influenced by the brand. As the Harley is one of the most well known, the bikes will fetch a good price. Honda The following prices are based on the assumption the models are no more than three years...
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