Nancy may also make regular, annual IRA contributions to her SEP-IRA, if her SEP-IRA allows this, or contribute to her Roth IRA at XYZ Investment Co. Her total traditional IRA and Roth IRA contributions cannot exceed $5,500 for 2014 and may be made in addition to her SEP contributions.
Finallyâ¦. When the judgment is paid in full, be sure to get a fresh copy of your credit report to determine that it is being reported on your credit report as paid. Nothing will hurt your creditworthiness more than to have a credit report showing that you have a judgment against you that remains unpaid. You can get your free annual credit reports on AnnualCreditReport.com. You can also watch for changes by getting your free credit score every month on Credit.com.
All public record items on your credit report are considered negative information, which means they could hurt your credit score. This even holds true if a public record has been paid. If you have a judgment on your credit report, for example, and you have made the necessary payment to satisfy the debt, it could still reflect negatively on your credit score.