Financially, many of us associate April with taxes – but we should also associate April with important IRA deadlines. * April 1 is the absolute deadline to take an initial IRA Required Mandatory Distribution (RMD). * April 15 is the deadline for making annual contributions to a traditional or Roth IRA. 1,2,7 Let’s discuss the contribution deadline first, and then the deadline for that first RMD (which affects only those IRA owners who turned 70½ last year). The earlier you make your annual IRA contribution, the better. You can make a yearly Roth or traditional IRA contribution anytime between January 1 of the current year and April 15 of the next year. For example, you can make your IRA contribution for 2014 anytime from January 1, 2014-April 15, 2015. The IRA contribution window for 2013 is January 1, 2013- April 15, 2014. 1 So you have more than 15 months to make your IRA contribution for a given year. But why wait? Savvy IRA owners pour new mone
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