Freebase(0.00 / 0 votes)Rate this definition: Bottomry. A bottomry, or bottomage, is an arrangement in which the master of a ship borrows money upon the bottom or keel of it, so as to forfeit the ship itself to the creditor, if the money with interest is not paid at the time appointed at the ship's safe return.
Workers can contribute up to $5,500 to an IRA in 2015 or $6,500 if they are age 50 and older. Saving this amount requires a contribution of $458 per month or $542 for people age 50 and older.orkers can contribute up to $5,500 to an IRA in 2015 or $6,500 if they are age 50 and older. Saving this amount requires a contribution of $458 per month or $542 for people age 50 and older.
Also worth noting is the difference between contribution limits for the Roth 403(b) and Roth IRA. Contribution limits are substantially lower in the Roth IRA. In 2015, for participants under age 50, a Roth IRA allows contributions only up to $5,500 annually, compared to $18,000 for the Roth 403(b).lso worth noting is the difference between contribution limits for the Roth 403(b) and Roth IRA. Contribution limits are substantially lower in the Roth IRA. In 2015, for participants under age 50, a Roth IRA allows contributions only up to $5,500 annually, compared to $18,000 for the Roth 403(b).