The IRS increased the contribution limit from $6,000 to $6,500 starting in 2023. Here are some common mistakes you should avoid while you're contributing or investing in your Roth IRA. 🤳 Social Media🤳 📖 Get Your Free Financial Spreadsheets and Resources 📖 ➡️ 👨🏫 1:1 Financial Coaching 👩🏫 Schedule a free 20-minute 1:1 Coaching Session Schedule a free 30-minute 1:2 Couple's Coaching Session ➡️ Introductory Forum: 📧 Email: hello@firepsychat.com 📖 What’s on my bookshelf? 📖 ➡️ 📷 Additional FIRE Videos Mentioned In this Video 📷 Our $3.7 Mil Fat FIRE Plan - How to Become an Ordinary Millionaire - How to Start F.I.R.E - The Ultimate F.I.R.E Guide - HSA vs FSA - Is Cash King or Trash? - Tax-Free Dividend Income - Pay 0% Capital Gains Taxes - For sponsorships and business inquiries, please contact media@firepsychat.com. ⏰ Table of Contents ⏰ 0:00 Roth IRA in 2023 2:26 Spousal Roth IRA 4:53 Contribution, Conversion, Earnings, Rollovers 7:33 More Roth IRA Mistakes #FIREPsyChat #FinancialIndependence #RothIRA 🎵 Music and Sound Effects Provided by Epidemic Sound 🎵 Disclaimer: I am not a financial advisor. I am solely sharing my personal experience and opinions. All Strategies, tips, suggestions, and recommendations shared are solely for entertainment and educational purposes only. There are financial risks associated with investing. You must conduct your own research and due diligence, or seek the advice of a licensed advisor if necessary. Affiliate Disclosure: Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinions and comparisons....(read more)
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