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Replying to
Open both a Fidelity Roth and regular IRA (unless your job already has a 401k) put in at least 1k in each and learn the difference. Put both in S&P index fund (FXAIX), set up monthly $50 auto deposits into Roth and forget about it until you have significantly more income
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Replying to and
You’ll be able to deduct the regular IRA part but not the Roth. Having some in both is a hedged bet on whether tax rates will fall or rise, but while you’re below the limit, Roth is advantageous If you max out IRA (6k) you won’t have to pay taxes rn on the full 10k, only 4k
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Replying to and
Obv, if you have 401k put it there instead, especially if they have matching. I assume someone has told you this before but too many young people forget/neglect. If matching: put all 10k in 401k. Free extra money. Also if no matching, but you want to save it all tax-deferred