The emergency fund got a sexy bump today of $1000, courtesy of LaLa, bringing us to 88% of our goal. With the tax refund due in a couple of days I think we may be able to meet this goal this quarter if we stretch a bit. I suppose we should start making a specific plan of where to park this money once the promo rates start expiring for online savings accounts. We want to keep it fairly liquid so we'll be considering options like: online savings, Fidelity Mass Muni fund, CD ladder, & short term t-bill ladder. Stay tuned.
It was also the mid-month payday today and that's when I make Roth contributions. I officially started my 2006 Roth today with a $400 contribution. My plan is to contribute $400 each month so that by mid-December I'll reach the maximum contribution of $4000. I've made a new 2006 Roth-O-Meter to monitor my progress meeting that goal.
With the emergency fund goal in sight and the Roth chugging at a solid pace, it's time to think about re-instating my 401(k) contributions. I feel ready to do this in time for the end of month payday, but the financial condition of my company gives me pause. Even when the cash was actually flowing they were pretty pokey about moving money into my account -- sometimes brushing up against (past?) the legal time limit. So...it's complicated.