@bada_bing wrote:
@Revelate wrote:
@Zz_JC_zZ wrote:I'm going with a Roth IRA through Vanguard. I'll just email them and get some clarification. Thanks for the input guys!
Checked Google, was right, last day to contribute to a Roth IRA is April 15th 2015. Bunch of reputable sources.
Sort of right.
You can contribute up to the due date for your taxes. April 15 is the due date
for individual taxes unless you file an extension. The automatic extension is
till Oct 15 and if you file an extension you can contribute to an IRA until that date.
One difficulty is that most IRA custodians don't accomodate the late contributions
very easily and you'll have to go through some phone tag or in person visit to get
the deposit made late. But they absolutely can do it. I don't know how difficult it
would be to open a new account late, but I would guess its a hassle.
Best plan is to make your contributions by April 15 if you can. Use an extension
only if circumstances require it.
Ah thanks for the clarification!
