Sorry if it's a noob question. Just a late bloomer trying to invest in my future.
I'm 28. I just opened a Roth IRA with Schwab (even though it says Roth Contributory IRA?) out of a recommendation of a friend. I was going to load some money on there when I found out I can contribute for 2020 still. I'm assuming since tax deadline got extended. I already did my taxes last month.
Would it be better to throw $6000 for 2020? Not sure if it's "too late".
If I ever get "cold feet" about this, would I be able to withdraw my $6000 without any worry of penalties/taxes?
Submitted May 12, 2021 at 06:17AM by SilverSquare https://ift.tt/2QaG1Tl