I'm saving to buy a property, and have ~1.5 years before I'm at my goal. I am parking my cash in an Ally Savings Account at 1%, but would also like to begin funding a Roth IRA.
My options are essentially no Roth this year, or putting the money into a Roth IRA savings account so that it is accessible/has no market risk.
I do not plan to touch the money, but want to be able to if something comes up (better opportunity property, fixer upper that needs more work, etc).
Does it make sense to fund the Roth Savings now, just so that the money is classified as Roth? This way if I don't end up needing it, I can roll the entire account into an investment Roth IRA later, instead of starting from scratch.
Thoughts?