But you may not like what you see. IRA balances are down As of the first quarter of 2025, the average IRA balance was $121,983, says Fidelity. That's a 4% decline from the fourth quarter of 2024.

Contribute to a traditional IRA in the same year, as long as your total contribution to both your Roth and your traditional doesn’t exceed $7,000 ($8,000 if 50 or older).

But you may not like what you see. IRA balances are down As of the first quarter of 2025, the average IRA balance was $121,983, says Fidelity. That's a 4% decline from the fourth quarter of 2024.

An employer match represents an immediate, guaranteed return on your investment that you won’t get with a Roth IRA, making the 401 (k) option even more financially beneficial.

But you may not like what you see. IRA balances are down As of the first quarter of 2025, the average IRA balance was $121,983, says Fidelity. That's a 4% decline from the fourth quarter of 2024.

Keep in mind that if you lived with your spouse at any time during the tax year and decided to file as married filing separately, then you can’t contribute to a Roth if your modified AGI was ...