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Old 12-01-2005, 12:42 PM
Sniper Sniper is offline
Senior Member
 
Join Date: Jun 2005
Posts: 704
Default Re: SEP IRA Tax Question

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Why should I max out my IRA if I'm 24, and I'd rather not keep my money locked up for 25 years?

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You should be planning for your future retirement, now! The difference between starting early and starting late are tremendous in terms of $$ at the end.

That said, you should put into your IRA (and other retiremenet accounts) as much as you are comfortable, with the goal being to be comfortable putting in the max!
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