Current Events > ROTH IRA: Need help

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PIITB415 02/16/18 11:38:15 AM #1:	I just opened an IRA and I have the option to max out last year's 2017 by April 15th. Should I do this? If yes, why? --- http://i.imgur.com/VawbBVM.gif http://i.imgur.com/6Si4h.gif <cite>PIITB415 posted [p:896197192] in ROTH IRA: ... [t:76325462]...</cite> <quote>I just opened an IRA and I have the option to max out last year's 2017 by April 15th. Should I do this? If yes, why?</quote> ... Copied to Clipboard!
PIITB415 02/16/18 11:38:50 AM #2:	Fyi I have already paid my 2017 taxes --- http://i.imgur.com/VawbBVM.gif http://i.imgur.com/6Si4h.gif <cite>PIITB415 posted [p:896197227] in ROTH IRA: ... [t:76325462]...</cite> <quote>Fyi I have already paid my 2017 taxes</quote> ... Copied to Clipboard!
Shelhamer92 02/16/18 11:42:19 AM #3:	If you can, yes, do it. The more money you have in, the better the compound interest over time. --- "It's a sunny night in Oakland" -Phil Simms *Camera pans to full moon <cite>Shelhamer92 posted [p:896197424] in ROTH IRA: ... [t:76325462]...</cite> <quote>If you can, yes, do it. The more money you have in, the better the compound interest over time.</quote> ... Copied to Clipboard!
EndOfDiscOne 02/16/18 11:45:31 AM #4:	I wouldn't say it's as big of a deal as it would be if it were a traditional IRA and you were able to make deductible payments. But still, might as well if you have the money. --- I am the Cheese! I am the best character on the show! I am better than both the salami and the bologna *COMBINED!* <cite>EndOfDiscOne posted [p:896197585] in ROTH IRA: ... [t:76325462]...</cite> <quote>I wouldn't say it's as big of a deal as it would be if it were a traditional IRA and you were able to make deductible payments. But still, might as well if you have the money.</quote> ... Copied to Clipboard!
Darkman124 02/16/18 11:46:50 AM #5:	yes, as the alternative is investing that money in an acct that can be subject to taxes on your earnings ROTH IRA contribs' earnings are tax free --- And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not. <cite>Darkman124 posted [p:896197665] in ROTH IRA: ... [t:76325462]...</cite> <quote>yes, as the alternative is investing that money in an acct that can be subject to taxes on your earnings ROTH IRA contribs' earnings are tax free</quote> ... Copied to Clipboard!
PIITB415 02/16/18 12:26:31 PM #6:	Thank you all. --- http://i.imgur.com/VawbBVM.gif http://i.imgur.com/6Si4h.gif <cite>PIITB415 posted [p:896199802] in ROTH IRA: ... [t:76325462]...</cite> <quote>Thank you all.</quote> ... Copied to Clipboard!
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