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nkyguy1988 t1_je9r9gz wrote

If you have the money, do it now. The whole time in market thing.

7

wndrgrl555 t1_je9rcgk wrote

to characterize for 2022, you need to have it done by april 18.

for 2023, the sooner you get it all in, the sooner you'll be earning on that money.

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wanttostayhidden t1_je9rf4z wrote

Put it in whenever you have the money. Also the limit is $6500 for 2023.

3

noticeable_erection t1_je9rcx1 wrote

As long as you max it out, how you like to do it is kinda irrelevant. I personally DCA in 540$ a month. Some people prefer to just get it done with in 1 go and that’s also completely fine

1

Pinacoladapopsicle t1_je9utte wrote

If you have the money, max out 2022 in the next couple weeks (deadline is April 18). Then max out 2023 at some point after that.

Obviously sooner is better but if you don't have the cash flow, it doesn't matter.

1

Alphadripp t1_jea5xsr wrote

The earlier you put $ in, the more time you have to utilize compound investments.

1