Yes, if you expect to earn at least $6,000 yearly in 2021 then you can contribute the $6,000 to your Roth IRA for the year 2021 in Feb 2021.
If you for some reason earn less than the $6,000 in 2021 then to avoid the 6% tax on excess contributions, you have withdraw:
- the excess contributions from your IRA by the due date of your individual income tax return (including extensions); and
- any income earned on the excess contribution.
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