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HOW MUCH CAN YOU CONTRIBUTE TO A TRADITIONAL IRA FOR 2020?

By the Editors of Kiplinger’s Personal Finance.

What’s up with IRA contributions for 2020? We spoke with the editors of Kiplinger’s Personal Finance to share insights on who should consider contributing to a Traditional IRA for 2020. If you want to capture an immediate tax deduction, or think your taxes might be lower in upcoming years, take a good look at the Traditional IRA. It may be a good bet if you’re a few years short of retirement and expect your income to drop soon. (Read the full article here)

10 Jan, 20