IRA 101: The Guide to Individual Retirement Accounts

401(k), 403(b), TSP, SEP, Keogh - the world is overrun with retirement acronyms, but one of the most versatile and powerful is the Individual Retirement Account (IRA).

This is a companion discussion topic for the original entry at

I try to max out my roth every year, made massive gains this year!

That’s good, keep it up!

Good to get in the ROTH IRA game early. Dual income gets tricky and you can quickly creep up to “2021 Roth IRA Single Married Direct Contribution Phase-out $125,000 to $140,000 $198,000 to $208,000 Backdoor/Conversion Any income No income.” ROTH may be one of the best deals going … who knows what the taxes will be in 2060.