Don’t miss the 2015 IRA deadline and cost yourself saving more for retirement.
In the haste of getting all your tax documents in order to meet with your tax preparer, don’t forget about making your IRA contributions for the 2014 tax year.
If you didn’t know, even though you haven’t opened an IRA account yet, you can still do so and still be eligible to make a contribution for 2014 – this applies both to traditional and Roth IRAs.
Taxpayers will have until Wednesday, April 15 to make their 2015 IRA contributions. Even if you are just now opening an account you want to contribute toward last year first. Once the deadline passes you cannot contribute for that tax year in the future. [Read more…]
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