This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Moving money into a traditional IRA for 2018 tax break
Contributing to a traditional IRA can yield a tax deduction up to 5500 dollars plus 6500 for those 50 and older. Deduction size hinges on filing status work retirement plan coverage and adjusted gross income. If aiming for 2018 tax benefits, fund by April 15, 2019 and ensure the administrator applies the contribution to 2018. Consider a Roth IRA if you expect higher taxes later. Consult a tax pro for guidance.
MENTIONED IN THIS ARTICLE
IRS
Angela Freyman
Freyman Cpa
St. Johns
Florida