EDM - Coin - Stacked - Image courtesy of Pakorn at FreeDigitalPhotos.netWhether you already contribute to a retirement fund, or you are thinking about it, below is an overview.  Remember you have until your tax return due date 04/17/18, or extended due date 10/15/18, to make a contribution for 2017 (and to take a deduction on your 2017 tax return).

Your individual circumstances can effect the deductibility of, and participation in, retirement plans. Some of these circumstances might be total income, adjusted gross income, modified adjusted gross income, and whether you have a retirement plan through work. If you would like to know more, please contact E. Daniel Miller, CPA, PC at (704) 565-9923 or tax@edanielmillercpa.com.

 

Traditional IRA

[table id=1 /]

Roth IRA[table id=2 /]

SEP IRA[table id=3 /]

SIMPLE IRA[table id=4 /]

401(k)[table id=5 /]

 

 Image courtesy of Pakorn at FreeDigitalPhotos.net