Ask Paula: How To Prepare for A Layoff
Afford Anything
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How to Manage a Tech Layoff
The more money that you can put into any type of Roth account, the better. If your income is going to be a lot lower than usual, you want to be paying more in taxes, not less. Shovel as much as you can up to the max in your Roth IRA if you have to make it a backdoor Roth IRA,. But put as much asYou can into Roth accounts because your income this year, 2023 is likely to be lower than it will be in any foreseeable year in the future.
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