2016 & 2017 IRA Deadlines and Contribution Limits

Q&A

Question: What is the last day I can make a contribution to an IRA (whether traditional or Roth) for 2016?

Answer: The last day to make a traditional or Roth IRA contribution for 2016 is April 18, 2017. Usually, you would have to make a contribution by April 15, 2017. Make sure to notify the custodian of your IRA about the prior year contribution.

 

Question: Can I still contribute to an IRA for 2016 and what are my income limits for 2017?

Answer: Yes, you can still contribute to an IRA for 2016, assuming you have earned income…