IRA Contributions for 2025 Can Still Be Made by April 15 — Here’s What That Means for Your Tax Bill
Contributions to your 2025 IRA can still be made by April 15, 2026. Workers under 50 can contribute up to $7,000 by that date, and those 50 and older can contribute up to $8,000. These contributions will count toward 2025 taxes, meaning you can reduce your tax bill by adding more to your IRA before the deadline. For example, if you’re 35 and contributed only $5,000 in 2025, you can still add $2,000 by April 15 to reach the maximum limit. The more you contribute to an IRA each year, the more it can grow over time. Maxing out your IRA annually could lead to a significantly larger retirement nest egg.
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