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April 14, 2019
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Contributing to a 2018 traditional IRA for a tax reduction

  • April 14, 2019
  • 1 reply
  • 0 views

TT tells me if I open a traditional IRA by 4/15/19 (for 2018), that I can get a tax break. Instead of opening a new traditional IRA, can I instead contribute to an existing traditional IRA I have?

Best answer by Country Apple

Yes you can!  As long as it’s a traditional IRA and not a Roth IRA.

1 reply

Employee
April 14, 2019

Yes you can!  As long as it’s a traditional IRA and not a Roth IRA.