Hello , E4 here just having a quick thought about maxing out my ira for 2024.
Currently have over 25k in savings sitting at 4.35%, tsp is set to 15% and just started my Ira 3 months ago. No car payments
Would it be good idea to take money from the savings and deposit into the ira? (~5500$)
Posted by sungdock56
1 Comment
What’s the purpose of the money currently in your savings? If moving the money fits your goals, move it.
The IRA limit for 2024 is $7k.