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.
Although the maximum contribution amount fluctuates yearly, for the calendar year 2015, the maximum contribution amount is $18,000 for both the Roth and traditional IRAs. This is in contrast to the $17,500 maximum contribution amount for the calendar year 2014.his means an investor under age 50 can invest $10,000 in a Roth 401(k) and $8,000 in a traditional 401(k) and vice versa.