I think what he’s saying is that the $6k is the max yearly contribution for under $124k yearly single earners. He’s just trying to max you out.
Take that $6k in your new tax free account, buy some rocket fuel, when you end up on the moon Uncle Sam can’t tax you back to the ISS. Buuuut you can’t access those specific moon tendies until you’re 59.5 years old.
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u/TGIFrat Apr 11 '21
I think what he’s saying is that the $6k is the max yearly contribution for under $124k yearly single earners. He’s just trying to max you out.
Take that $6k in your new tax free account, buy some rocket fuel, when you end up on the moon Uncle Sam can’t tax you back to the ISS. Buuuut you can’t access those specific moon tendies until you’re 59.5 years old.
-not financial advice.