AllFinancialMatters

A personal finance blog dedicated discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance.

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Friday, January 28, 2005

You Still Have Time to Make an IRA Contribution for 2004

You have until April 15th (although I recommend you do it sooner than that) to make an IRA contribution for 2004! Also, here's a breakdown of how much you can contribute:

2004 - $3000 per person ($3500 per person if you are over age 50)
2005 - $4000 per person ($4500 per person if you are over age 50)

For more information, check out the IRS Website's Publication 590

Until next time...