[Jamesy]

Congrats to her, but $200k is "clearly securing the bag?" A bag of what?  Her first mortgage would be a lot more than that. So she clears something like $130k? I wonder if anyone is running 401Ks for the NIL recipients. They aren't employees, right?

....

No 401K but could put $6,500 in a traditional IRA. Unless that 200k is over multiple years, she would not qualify for a Roth IRA. Starting as early as possible is a good idea.

Can always do a backdoor Roth contribution. Should really no longer be called a backdoor Roth since the IRS confirmed it is completely above board.

[Jamesy]

Congrats to her, but $200k is "clearly securing the bag?" A bag of what?  Her first mortgage would be a lot more than that. So she clears something like $130k? I wonder if anyone is running 401Ks for the NIL recipients. They aren't employees, right?

....

No 401K but could put $6,500 in a traditional IRA. Unless that 200k is over multiple years, she would not qualify for a Roth IRA. Starting as early as possible is a good idea.

Can always do a backdoor Roth contribution. Should really no longer be called a backdoor Roth since the IRS confirmed it is completely above board.