Date: Fri, 23 Mar 2007 04:05:03 -0500
From: "jIM" 
Newsgroups: misc.invest.financial-plan
Subject: Re: roth ira newbie
   posting-account=2YJZ0gwAAACE1qWSYvx3O3Z-XilAoqAq
	iQBVAwUARgOYP/l/I4+O31e5AQEMxgH/TTaW1B5ACLfhSWwkNIMTYUn4/q+WyL4n
	U8KUTGEUWXZDt6CwUnBjnUu5KYT4/o3O6NfkKcgUejxhPRuu17ecdg==
	=kk45


>
> 1. husband opens up Roth IRA and deposits 5k for 2006 and also 5k for 2007,
> total 10k
> 2. wife open up Roth IRA and deposits 4k for 2006 and also 4k for 2007,
> total 8k
> 3. in sum total, the couple will have paid 18.000 to fund two separate Roth
> IRA's
>
> am asking it that way to make sure there is no separate requirement for
> separate 4k and then 1k payments but that it can all be paid on the same day
> or transferred from savings, checking, etc.

You could also contribute 2k more for wife (catch up for 2006/2007).

Some MF companies may let you send $20,000 in one check if supporting
paperwork tells them how to invest.  Two checks should be enough (I
tell T Rowe Price how each deposit is handles online, so I assume this
is common).