Absolutely & you have until next year's April 15th tax filing deadline to fully fund that 2023 IRA. Also, 2024 contribution limits increase to $7,000 & $8,000 for those age 50+ 💪🏾
Your Sunday afternoon reminder that you can still contribute to an IRA as a stay at home spouse.
This is a retirement account in your OWN name, funded by your joint household income.
(Ps. The 2023 contribution for an IRA is $6,500. $7,500 if you are 50 or older.)
To the 80% living paycheck to paycheck: your bank account doesn't define you - be hopeful.
To the 20% that are not: your bank account doesn't define you - be humble.