Hello All.
I'm in the middle of switching my Roth from Acorns to M1 Finance. I've cleared out my account at Acorns and I want to deposit the money into M1 before my 60 day grace period is up. I had about $350 in my Acorns account, and the minimum deposit at M1 is $500 so I was planning to put at least that much in, but I might put a couple hundred more (I'm a 20 year old college student - I don't have a ton of money to spare).
This year I will earn over the $500 that I am depositing, but so far, I have not earned that much this year, and it's past tax day to contribute for last year. As long as I make at least $500 this year, can I deposit that amount now? Or do I have to wait until I earn $500 in income this year?
Thanks!
Submitted April 17, 2019 at 08:47AM by CampyUke98 http://bit.ly/2PgubCd
