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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
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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.

The opinions expressed herein are the writer's alone, and do not reflect the opinions of TAPinto.net or anyone who works for TAPinto.net. TAPinto.net is not responsible for the accuracy of any of the information supplied by the writer. Click here to submit a Guest Column.

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