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Thinking of transferring 5k from savings into Roth IRA to max 2024 contributions
Thinking of transferring 5k from savings into Roth IRA to max 2024 contributions For context, I’m 25. In 2024, I contributed around 2k into my Roth IRA. I know I should’ve done more but I was in the process of paying off some credit card debt. I now have my direct deposits set up to max it for 2025. I can’t afford to put an additional 5k by April in order to max 2024; however, I have 19k sitting in a HYSA right now. Biggest ...
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