Hi! For some context, I have a Roth IRA and an individual brokerage account. I don’t know much about investing but I’ve been putting inherited money in my individual brokerage account and my dad’s financial advisors handle the investments…. And I was contributing a little each month to my Roth IRA, but the past year I haven’t been able to work much so I haven’t contributed anything this year.
My question is: I just inherited a pretty decent amount of money that I want to invest. But I’m not sure if I should put it all in my individual brokerage account or if I should first max out my Roth IRA for the year since I haven’t contributed anything yet and then put the rest in the individual account. I don’t really know the difference between the two…. Any advice is appreciated!