Small little PSA to take advantage of 2023 Roth space if you haven’t already. The deadline is till April 15th, 2024. Given all the high TTCs on Blind, $6,500 is a pretty no-regret amount of money to stow away. $6,500 will become a nice mid-to-high 5-digit amount of tax-free gain money that could finance a vacation or two in retirement. /boring Vanguard index investor announcement. Back to high-growth stock/RE/alternative asset, get-rich-quick discussions. #retirement #roth #ira #personalfinance Some more general context: https://shorturl.at/beo14
So put after tax $6500 into a Roth account?
Yup make sure to do Backdoor: https://www.physicianonfire.com/backdoor/
Can I still put the dollars for 2023 if I have submitted my taxes ?
You'll need to fill out an 8026 form followed by a tax correction
Gotcha
Done. I dumped mine into some high yield divvy for the next few months