I was planning on funding my 2024 Traditional IRA for my wife and I by the tax deadline. Due to the stock market situation, I’m contemplating keeping the cash in my 3.8% HYSA until things settle down and then fund 2025 Traditional IRA for us. This would mean skipping 2024 which I didn’t anticipate considering.
Thoughts? No debt except low % mortgage. Currently owe less than half of what we make per year.