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June 1, 2019
Question

Unemployed for 9 months in 2018. Received a severance package that that did not contribute to my previous 401k. How can I still contribute some money toward retirement?

  • June 1, 2019
  • 1 reply
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I was laid off 3-31-2018. How can I still contribute some money toward 2018 pre tax retirement?

    1 reply

    June 1, 2019

    You can fund a traditional IRA up until 4/15.

    The limits for 2018 are $5,500, or $6,500 if you’re age 50 or older

    June 1, 2019
    Turbo Tax won't let me contribute to an IRA because it sees I did contributed to a 401k in 2018. Is there a special form to use?