• EatATaco
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    7 months ago

    Roth IRAs are designed specifically for people with less money. When you get to a certain income level, you can no longer take advantage of them (well, there are some tricks).

    The general rule of thumb is that you;

    1. Build an emergency fund
    2. If available get your match for your 401k.
    3. Payoff high interest debt (like CCs)
    4. Max our your Roth IRA.