2021 IRA Contribution Reminder

There is still time to make your 2021 IRA Contribution.

You can make contributions until April 18, 2022. The 2021 annual limits for Traditional IRA and Roth IRA contributions are below.

Traditional IRA and Roth IRA, combined

Amount

Under the age of 50

$6,000

Over the age of 50

$7,000

If you would like to make a contribution for 2021, please contact us as soon as possible so we can assist in coordinating. Keep in Mind:

  • Anyone with earned income, regardless of age, is eligible to contribute to a Traditional IRA and/or Roth IRA.

  • Your eligibility to contribute to your Roth IRA is subject to income limits.

  • Your participation in a workplace retirement plan or your income level may impact the deductibility of your Traditional IRA contribution.

We recommend working with your tax advisor for guidance on your individual situation.


If you have any questions or concerns regarding the above, please do not hesitate to contact us.