Buy index funds first or last day for Roth IRA?

#1

Hello Everyone,

The last day of the year, I sent the 6k Max contribution allowed to my Roth, due to my earning I’m planning to do the same for this year.

In your personal experience, do I’m doing good or I’m doing wrong?

Thanks!

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#2

You are doing great! It is always great to max your retirement plans either IRA or 401K.

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#3

Thanks Ellen, I mean in the time, if it’s good to do it at the end or at the beginning ?

#4

The sooner the better so you can invest it and start getting profits!

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#5

First day would be best. Another 364 days of compounding growth!

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#6

Read this article on different ways to time your IRA contribution!

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