The 2010 IRA contribution deadline is fast approaching. With only a few weeks left, you still have time to make your 2010 contributions. If you have done any retirement planning in the past, a traditional or Roth IRA plays a role in achieving your retirement goals.
If you’ve only been contributing $50, $100, or $200 a month, it’s a great start. But you’re not even half way to contributing the maximum amount. It’s the perfect time to make up the difference if have the additional cash to do so. You may even be able to lower your 2010 taxes because of the additional contribution.
Most years you have until April 15 to make all your IRA contributions for the prior tax year. This year, however, the IRA contribution deadline has been extended to April 18, 2011 due to the holiday, Emancipation Day, in Washington D.C. Continue Reading…