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Gifted 6500 for retirement
Gifted 6500 for retirement As the title says I was just gifted $6500 with a request that it is put into a retirement account. I want to honor this request. My situation: - income level prevents Roth IRA contributions - did not make any trad IRA contribution in 2023 or 2024 - currently my trad IRA is empty - employer provides 401k - currently not maxing out 401k contribut...
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