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Top 5 Roth IRA Mistakes to Avoid in 2023 | My Roth IRA for Financial Independence

The IRS increased the contribution limit from $6,000 to $6,500 starting in 2023. Here are some common mistakes you should avoid while you're contributing or investing in your Roth IRA. 🤳 Social Media🤳 https://linktr.ee/firepsychat 📖 Get Your Free Financial Spreadsheets and Resources 📖 ➡️ https://www.firepsychat.com/contact 👨‍🏫 1:1 Financial Coaching 👩‍🏫 Schedule a free 20-minute 1:1 Coaching Session Schedule a free 30-minute 1:2 Couple's Coaching Session ➡️ Introductory Forum: https://www.firepsychat.com/coaching 📧 Email: [email protected] 📖 What’s on my bookshelf? 📖 ➡️ https://www.firepsychat.com/shopping 📷 Additional FIRE Videos Mentioned In this Video 📷 Our $3.7 Mil Fat FIRE Plan -    • Our $3.7 Million Fat FIRE Strategy | ...   How to Become an Ordinary Millionaire -    • An Immigrant's Story: Why American Dr...   How to Start F.I.R.E -    • How to Start Investing for Your Finan...   The Ultimate F.I.R.E Guide -    • Your Ultimate F.I.R.E. Guide: Invest ...   HSA vs FSA -    • HSA or FSA? Our $460,000 Fat FIRE Ret...   Is Cash King or Trash? -    • Is Cash King or Trash For Fat FIRE? |...   Tax-Free Dividend Income -    • How to Make $100K/year in Dividend In...   Pay 0% Capital Gains Taxes -    • How to Pay 0% Capital Gains Taxes Mak...   For sponsorships and business inquiries, please contact [email protected]. ⏰ Table of Contents ⏰ 0:00 Roth IRA in 2023 2:26 Spousal Roth IRA 4:53 Contribution, Conversion, Earnings, Rollovers 7:33 More Roth IRA Mistakes #FIREPsyChat #FinancialIndependence #RothIRA 🎵 Music and Sound Effects Provided by Epidemic Sound 🎵 https://www.epidemicsound.com/referra... Disclaimer: I am not a financial advisor. I am solely sharing my personal experience and opinions. All Strategies, tips, suggestions, and recommendations shared are solely for entertainment and educational purposes only. There are financial risks associated with investing. You must conduct your own research and due diligence, or seek the advice of a licensed advisor if necessary. Affiliate Disclosure: Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinions and comparisons.