With Tax Day-- April 15-- rapidly approaching, there’s still time to lower your taxable income and save for your retirement as well with a Firstrade no-fee traditional or Roth IRA. A win-win, as they say.
If you already have a Firstrade Traditional or Roth IRA, good for you! You already know all about the great value of IRA investing. But don’t forget, you’ll still eligible to take advantage of 2019 tax benefits by making additional contributions to your IRA before April 15, 2020. You can log in now to start your contribution. (If you’re age 50 or under, you can contribute up to $6,000, and $7,000 if you are age 50 or older.)
If you don’t have an IRA, now’s the time to get started to reduce your taxable income for 2019 and save for your retirement. And best of all, Firstrade’s no-fee IRAs mean that all the money you contribute begins working for you immediately. Don’t delay, to open your no-fee IRA, go here for the application.
2019 and 2020 IRA Contribution Limits and Deadlines:
*You can also make an additional early contribution now for the 2020 tax year.
We’ll be talking more about the many tax benefits of an IRA in an upcoming blog. Stay tuned.