Chris Kline

For your annual contribution, most folks don't know this.

If you're under 50, you can contribute up to $7,500 a year.

And you really should because there's no reset button on that either.

You can't go back five years from now and be like, okay, I finally have money.

I'd like to do the last five years of contributions.

That's not how the IRS works.

They only give you the year by year.

If you're over 50, which surprisingly enough, we have 75 percent of our clients are born before 1976.

You can do up to 8,500.

It's kind of they call it the catch up.

And actually, when I started in the retirement industry just 14 years ago, that number was 5,500.

And now it's all the way got up to 8,000 because the government sees what we see is it's taking more to meet those levels because of inflation and the amount of money in supply.

Yeah.

When I first became an entrepreneur, I had a really old account and he told me to set up a Roth IRA.

Yep.

Good accountant.

I hope you give him a bonus.

Yeah.

Well, I donated or not donated.

I put money in the first like three, four years.