Business & Finance

TIMELY TAX TIPS: Using a Tax Refund to Fund an IRA in 5 Easy Steps

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Credits: wfp
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Credits: wfp
18dd5d65b13f04a72719_TAXPIC.jpg

BASKING RIDGE, NJ - If you’ve recently received a tax refund, you may be looking for the best way to invest your money. What if you could utilize an option that is both convenient and helps fund your future? April 18 is not just the tax-filing deadline, but it’s also the IRA-funding deadline, and if you haven’t yet maxed out your IRA, now may be the time. Once the proper forms are completed, an income tax refund can be directly deposited to an IRA up to the annual contribution limit, providing a great opportunity to make the most of your refund.

Click here to download “Using a Tax Refund to Fund an IRA in 5 Easy Steps”pdf

If we can help contact Walter Pardo, WFP Tax Partners at our office at (877) 714-2362 or to schedule a time to discuss your needs or prepare your 2016 Tax Return.

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