Timeline
While the first film—starring Moira Kelly and D. B. Sweeney—was itself set in 1988 to 1992, the second film is clearly set during the run up to the 2006 Olympics. This would make Jackie—played by then 21-year-old Romano–only 14 years old.
In an example of retroactive continuity, Going for the Gold is based on the assumption that the first film has been moved from 1992 to 1984. This was confirmed in an interview with Stepfanie Kramer, included on the 2006 DVD release of the first film. In the interview, Kramer says that the second film takes place more than 20 years after the events of the original.
Read more about this topic: The Cutting Edge: Going For The Gold