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EOY Deadlines: Reduce Your Taxes & Maximize Your Money #572

How to Money

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How to Maximize Your IRA Contributions for 2022

You can actually wait until April 15th to fully fund the Roth for 2022. But even so, if you're keen on socking away the max amount of $6,000, you might need to start ramping up your weekly or monthly contribution amount now in order to make that goal a reality. When you are investing a lump sum at the beginning of the year, you are more likely to see higher returns by doing that rather than slowly buying every single month.

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