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Contribute to your retirement plan
Earlier is better when it comes to your retirement plans. The sooner you contribute to your individual retirement account, either a traditional IRA or a Roth, the sooner the account starts earning money.
Don't forget your at-work account. If your employer offers a 401(k) and you haven't taken advantage, check on enrollment details. If you are already contributing, increase the amount of your contributions. This money comes out of your paycheck before taxes are calculated, meaning you'll get a small but immediate tax break on your earnings.
And if you decide you'd like to move from a tax-deferred traditional IRA to a Roth account with its tax-free distributions, go ahead. There's no longer any income limit on such conversions.