Federico

But with that $5,000, that big chunk of money, I didn't want the, in better words, I didn't want the government to take it, right? I didn't want it just sitting there, not compounding any interest or anything. So my big question was, should I invest into maxing out my 2024 IRA, making that a deductible for last year?

Okay, so I do believe, so I have my Fidelity, I believe it's a traditional IRA. And I was reading up that you can, if your employer doesn't give you retirement, you can deduct up to 100% of it, which is $7,000 for one tax period.

Okay, so I do believe, so I have my Fidelity, I believe it's a traditional IRA. And I was reading up that you can, if your employer doesn't give you retirement, you can deduct up to 100% of it, which is $7,000 for one tax period.

Okay, so I do believe, so I have my Fidelity, I believe it's a traditional IRA. And I was reading up that you can, if your employer doesn't give you retirement, you can deduct up to 100% of it, which is $7,000 for one tax period.

Yes.

Yes.

Yes.