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April 9, 2024
Question

How do I open an IRA to reduce my taxes?

  • April 9, 2024
  • 1 reply
  • 0 views
We owe about $3k and want to know if we can open an IRA now to reduce our taxes?

1 reply

KrisD15
April 9, 2024

You have until April 15th 2024 to make a contribution for tax year 2023. 

If you decide to do this make sure to let the bank know that the contribution is for 2023. 

 

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