IRAs for a taxable year can be opened and funded any time between the first day of a tax year and the date a tax return is due for that year, excluding extensions. For most taxpayers, this due date is April 15 of the following year.

Regular and catch-up HSA contributions can be made at any time for a taxable year up to and including your federal income tax return due date, excluding extensions for that taxable year. The due date for most taxpayers is April 15. We can set them up on our ACH Editor program so they can create a contribution file to send us. There is a one-time set up fee of $250 and then a fee of $25 per file plus $.10 per employee each time they send the file.

Contributions made during the first 60 days of any year may be deducted for the current or the immediately preceding taxation year.

You can contribute up to $4,000 ($4,500 if you are age 50 or older in 2005 and $5,000 if you are age 50 or older in 2006) or up to 100% of your compensation whichever is less. If you are eligible to do so, you may contribute to both a Traditional IRA and a Roth IRA in the same year, but the total amount you contribute cannot exceed the annual limits. Roth IRA contributions are not tax deductible.

The maximum amount that can be deducted for tax year 2005 is the lesser of $5,000 or the adjusted gross income of the taxpayer, which can be attributed to professions and occupations of both spouses, even if only one of the spouses is employed.

Salary deferral contributions may be made up to 100% of compensation (not to exceed $10,000 for 2006 and $10,500 for 2007 for investors under age 50, $12,500 for 2006 and $13,000 for 2007 for investors age 50 and over). Match employee contributions dollar for dollar up to 3% of compensation to a maximum $10,000 for the 2006 plan year and $10,500 for the 2007 plan year, $12,500 for investors 50 years old or older in 2006 and $13,000 in 2007.

For the Traditional and Roth IRAs and the CESAs, the contributions can be made up to the tax-filing deadline, generally April 15th. So even if your income is indefinite, you can still contribute up through tax deadline the following year. Telhio offers both free payroll deduction and direct deposit services to make contributing to your IRA on a regular basis easy and hassle-free.

You may open or contribute to your IRA for a year at any time during the year. You may open or contribute to an IRA for the previous year at any time prior to the due date (not including extensions) for filing your tax return for the previous year. For most people, this means that contributions for 2006 must be made by April 15, 2007.

The deadline for SIMPLE contributions is the tax filing deadline of the company, including extensions. For a previous year contribution, the SIMPLE plan must have been established by October 1 of the year for which the contribution is being made. For Agents and Brokers | Insurance Forums | About Us | Privacy/Legal | Contact Us | Site Map | Site Menu

The final deadline for making prior year IRA contributions is typically April 15. For example, a contribution for tax year 2007 may be made up until April 15, 2008.

Contributions must be made for each eligible employee in a SEP, even if over age 70 1/2. Such an employee must take minimum distributions, however. No, contributions are not required to be made every year, but in years contributions are made to the SEP, they must be made to the SEP-IRAs of all eligible employees. A SEP cannot have a last-day-of-the-year employment requirement. If the employee is otherwise eligible, they must share in any SEP contribution.

Limits vary with the different types of self-directed IRA's. Our link to the 590 Publication can help you determine what the limits are, or a tax advisor or CPA can also help with the determination for you as an individual.

IRA Contributions can be made in the form of a personal check, made payable to NFS, with the year of the contribution clearly written in the memo section of the check. If this is missing, the contribution will be credited for the current year. Accounts are carried by National Financial Services, LLC. Copyright © 2001 Pennaluna & Company. All rights reserved.

Eligibility to make Roth IRA contributions are determined by your Modified Adjusted Gross Income (MAGI): To see if you're eligible to make a Roth IRA contribution, consult your tax advisor or see IRS Publication 590.

Contributions for 2004 and forward can be made anytime during the year up through the tax-filing deadline for that year, not including extensions. Generally, this means contributions can still be made up through April 15th for the prior tax year.

You have until March 1 (or February 29 in a leap year) to contribute to your RSP. Once this date has passed, RSP contributions are only deductible against your taxable income for the next (or any subsequent) year. (Please note: when March 1 or February 29 falls on a weekend, the deadline may be extended to the following Monday.)

A Roth IRA conversion can be done at any time before the end of the year. Do not confuse the Roth IRA April 15 of the following year contribution deadline with the December 31 Roth IRA conversion deadline. No. Because SEP and SIMPLE IRAs are already IRAs, you can convert them directly to a Roth IRA. However, for a Simple IRA, you must hold your Simple IRA account for at least 2 years before converting it to a Roth IRA.

You must complete your Roth IRA Conversion no later than December 31 of the tax year. To ensure that your account is converted by year end, it is recommended that you submit your paperwork no later than December 15.

There are three deadlines throughout the year for submitting conference funding applications: December 1, April 1, and June 1. For forms regarding federal loans, private loans, withdrawal, loan consolidation, waivers, consortium agreements, etc., please see DU’s Office of Financial Aid. For forms regarding conference funding, research assistant applications, continuous enrollment, summer financial aid applications, etc., please see GSIS’s website.