Ok I know these are stupid questions but can someone tell me how to optimize my retirement savings for 2013 & 2014 please?
For 2013:
I contributed about $8.5k into my 403(b) – I didn’t max it out because I’ve been paying off my student loan. Can I contribute $5,500 to my Rollover IRA account as long as I do it before 4/15/14? After tax money of course.
For 2014:
As of today, student loan is gone!
So I will max out my 403(b) with $17,500. What else can I do? $5,500 to my Rollover IRA? Can I open a Roth too? Do I have any other pre-tax options?
I am single and under 50 as far as limits go. My gross income for 2014 will be about ~$90k.