So I have maxed out my 401k and just got a bonus and would like to do a Roth IRA for the first time ever. I would like to contribute the maximum for a Roth IRA for me and my spouse (via backdoor Roth) but wondered if it would be better to wait until January and do $11000 (for 2017 and 2018 simultaneously) for just me so that I qualify for the better class of funds with lower expense ratios (i.e. fidelity premium - .035% ER vs fidelity investor - .09% ER, and then possibly doing $11000 later for my spouse (if we can save it by the deadline)?
Or when I am buying the funds, will it separate it into 2017 and 2018 and not allow me to reach the minimum for the better class (minimum is $10000)?
Thanks for any advice.
Or when I am buying the funds, will it separate it into 2017 and 2018 and not allow me to reach the minimum for the better class (minimum is $10000)?
Thanks for any advice.
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