I don't have any retirement savings aside from a profit-sharing plan my temp agency instituted at the first of the year. I'd like to start funding a Roth IRA now that I'm planning to file in July or August. However, I read someplace that beginning to fund a Roth IRA within 120 days of filing will be disallowed. Anyone have any experience with that? It sure would help to increase my expenses since you can put $4000/year into the plan or the equivalent of $333/month.
I never had an leftover cash to use for retirement since my bills have always eaten that up.
I never had an leftover cash to use for retirement since my bills have always eaten that up.
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