My first job provided a Simple IRA, and matched up to 2%, which I maxed out.
PAJane
22

Like mentioned by the other poster, the IRAs have a limit of $5,500. This is total. So you could have $5,500 all in tradition or Roth(my suggestion, or split up in some combination.

If you are married, you could open a spouse IRA, for you’d be allowed another $5,500.

Now… an important thing to note about retirement investments are to never pull out the month despite the current performance. If you are invested in a cheap, non managed index fund (S&P 500, Total Bond, Total international), its more so about the accumulation of shares through dividends and contributions. So manage you’re own IRA and check it once a year… if that.

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