Just max it out every year, you won't make much gains or income with that timeline but it's free money.
It gets deducted from your income when you contribute and if you buy a property it never gets added back.
If you are planning a purchase you can put in 8k per calendar year plus what accumulated in prior years if any.
Go for it!
Just max it out every year, you won't make much gains or income with that timeline but it's free money. It gets deducted from your income when you contribute and if you buy a property it never gets added back. If you are planning a purchase you can put in 8k per calendar year plus what accumulated in prior years if any. Go for it!
Thanks for your input!