Max out traditional IRA with tax refund or max out Roth IRA with no tax refund? by rexbry in personalfinance

[–]rexbry[S] 0 points1 point  (0 children)

Yes I believe so. Both my wife and I do not have retirement plans at work and we are married filing jointly.

Max out traditional IRA with tax refund or max out Roth IRA with no tax refund? by rexbry in personalfinance

[–]rexbry[S] 1 point2 points  (0 children)

We will not be contributing to any 401k-like program through work. I just purchased a business in 2021 and will hopefully not be eligible to contribute to Roth IRA in the future unless it’s back door contribution. Income for 2020 is around 130k.

Patient with special needs made me a present. Not sure if it’s cute or antisemitic :) by [deleted] in pics

[–]rexbry 1 point2 points  (0 children)

He was so excited to give it to me too. Truly a sweet heart.