2015 Savings Goals: January
January is officially in the books, so it's time to see how we're doing on our 2015 savings goals. So far, so good! As always, we diverted most of our paychecks to our retirement accounts.
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457 Accounts * Since our 457 accounts are more flexible than our 403b accounts, we always fund them first. In January we managed to squeeze $4,000 each into our 457 accounts for a total of $8,000.
IRAs * After our 457 contributions, we still had about $400 of paycheck left. I immediately sent $300 to my IRA and $200 to my wife's IRA, both at Vanguard.
Son's Accounts * Automatic contributions of $25 and $10 were made to his 529 account and his UTMA respectively. We also made a $250 contribution to his 2015 Coverdell ESA.
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