I want to contribute to a new Roth IRA. For this year 2021 and last year 2020. I do not have an Ira yet and I am 51 years old. I can contribute $7500 for both of these years correct, cause I am behind. Can I contribute more for past years?
Now as a business owner, I have to pay myself w-2 wages to be able to contribute in the future and moving forward correct?
