Thread: Money Investing megathread extravaganza
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Old 02-06-2021, 08:58 AM   #7024
KCUnited KCUnited is offline
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Join Date: Nov 2007
Location: Land of Drincoln
Casino cash: $-1391756
Quote:
Originally Posted by FAH-Q View Post
You cannot max out more than one IRA. So you can only contribute $6,000 (or $7,000 if over 50) per year into any IRA you have. I assume most people utilize Roth IRAs to trade within since there are no taxable gains recognized within that account, assuming you don’t actually withdraw the earnings.
So after I max out my 401K and roth IRA my only option for adding funds to trade with is a brokerage account?
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