The Trans-Pacific Partnership
Financially, many of us associate April with taxes – but we should also associate April with important IRA deadlines.
*April 1 is the absolute deadline to take your first Required Mandatory Distribution (RMD) from your traditional IRA(s).
*April 15 is the deadline for making annual contributions to a traditional or Roth IRA.1
Let’s discuss the contribution deadline first, and then the deadline for that first RMD (which affects only those IRA owners who turned 70½ last year).