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Greetings, Varial, and welcome. You asked:

I am in the process of opening a Roth for myself with my contribution going to the 2000 tax year. I assume it would it make sense to make my 2001 contribution as soon as I could afford it. Generally speaking, is my assumption correct?

Generally speaking, yes, your assumption is correct. The longer your money has to compound, then the greater the result over that term.

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