From the archive: max out your Roth IRA
Your older self will be grateful
There are lots of ways — and they’re not mutually exclusive — to get money into a Roth IRA. If you have the excess funds, you should do so as there’s really no downside to stashing as much of your life savings into a Roth as you can throughout your working years. The lifetime savings of never paying any taxes on the investment gains are substantial.
Read my archived note for details on six ways to fund a Roth: