2013 IRA Contribution Increase

2013 marks the first year in many that the annual contributions to Roth and Traditional IRAs have increased. You have until April 15, 2014 to contribute $5,500 (up from $5,000 in 2012) into these accounts. If you are age 50 or over the annual limit increases to $6,500. Deciding to invest in these retirement accounts can be one of the last minute moves you can make to manage your tax obligation for 2013. If you need assistance please call.