April 15: Not just tax day

Personal finance

If you want to learn Excel, keep reading or Get 10 days of free unlimited access to Lynda.com. for professional help and Excel Tutorials

A friendly reminder that April 15th isn’t just tax day but also the deadline for making contributions the 2008 year into traditional IRAs, Roth IRAs, and .

The contribution limit for both the 2008 and 2009 year for IRAs is $5K for those below the age of 50 and $6K for those 50 and above. For Coverdells, you can contribute up to $2K per beneficiary. Since Coverdell contributions must stop after the beneficiary turns 18, missing a year can make a big difference. For more on Coverdells, check out this comprehensive Fairmark article, which pretty much covers all the basics.


Look Good at Work and Become Indispensable Become an Excel Pro and Impress Your Boss



Please Leave a Comment!

Please note: Comments may be moderated. It may take a while for them to show on the page.