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re: Roth IRA

Posted on 6/9/21 at 8:47 am to
Posted by Abstract Queso Dip
Member since Mar 2021
5878 posts
Posted on 6/9/21 at 8:47 am to
It is a good thing. Just know if you are a baller making more than $140k MAGI a year then you can't contribute.

If you have a spouse you can also make contributions on her/his behalf.

You can pull out contributions penalty free. Any earnings will be taxed if taken out before 59.5

The time to invest is now. Good luck and you forever have good fortunes
Posted by thunderbird1100
GSU Eagles fan
Member since Oct 2007
68466 posts
Posted on 6/9/21 at 8:53 am to
quote:

It is a good thing. Just know if you are a baller making more than $140k MAGI a year then you can't contribute.



Still can through backdoor method
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