DeluxeXL t1_j2dmytj wrote on December 31, 2022 at 2:02 PM

> Other info: -We’re in our 30s -Husband makes a good income (above $130k)

If you file jointly, you can contribute the max amount to your traditional or Roth IRA.

flowerssmellnice OP t1_j2dnc70 wrote on December 31, 2022 at 2:05 PM

I don’t have one of those. How might I open one? Is it too late for this year?

DeluxeXL t1_j2dnjyy wrote on December 31, 2022 at 2:07 PM

You can open and contribute for 2022 until tax day (4/18/2023). This is true for every year - you always have 3.5 extra months to contribute after the year is over. Read the IRA wiki.

mrbrsman t1_j2dnpbv wrote on December 31, 2022 at 2:08 PM

Yes, you can still open one for this year and you can contribute for 2022 until April 15th 2023.

I recommend one of the big brokerages (fidelity, vanguard, Schwab) or the same that your husband uses.