Traditional and Roth IRA Reminder

by Kelly McCune | Mar 19, 2018

 

We would like to remind you that the deadline for 2017 contributions to traditional and/or Roth IRAs is April 17th, 2018.  For 2017 and 2018, your total contributions to all of your traditional and Roth IRAs cannot be more than:

  • $5,500 ($6,500 if you’re age 50 or older), or
  • your taxable compensation for the year, if your compensation was less than this dollar limit.

The IRA contribution limit does not apply to:

  • Rollover contributions
  • Qualified reservist repayments

Read more about Roth IRA contributions here