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For all the lurkers out there. If you are in the US, you can make contributions to your 2019 Traditional IRA or Roth IRA up until April 15, 2019.
The maximum contribution for 2018 is still just $5,500, but in 2019 this will go up to $6,000. So, if you have any extra money you're not sure what to do with and you want to make your finances more tax efficient, this could be a great opportunity to improve your tax return and contribute to your financial future.
So, even if you think your return will be in good shape and you have the resources - definitely max out all the retirement contributions you can.
If you'd like to know more about retirement or IRAs in general, feel free to ask anyone here at the forums, we're generally a helpful bunch.
Here are solid retirement reads:
Personal Finance Basics
IRS Overview of Retirement Contributions
In general Kiplinger has good retirement related articles.
The maximum contribution for 2018 is still just $5,500, but in 2019 this will go up to $6,000. So, if you have any extra money you're not sure what to do with and you want to make your finances more tax efficient, this could be a great opportunity to improve your tax return and contribute to your financial future.
So, even if you think your return will be in good shape and you have the resources - definitely max out all the retirement contributions you can.
If you'd like to know more about retirement or IRAs in general, feel free to ask anyone here at the forums, we're generally a helpful bunch.
Here are solid retirement reads:
Personal Finance Basics
IRS Overview of Retirement Contributions
In general Kiplinger has good retirement related articles.