Tax Day 2020 is Approaching!

17 Mar 2020 09:42 #1 by pfrederiksen
April 15 is near.
Got Questions?
Did you know you can still contribute to your IRA or Roth IRA for 2019 until April 15th of 2020?
It’s not too late to save money in your traditional or Roth IRA.
This years contribution limits are as follows:
$6,000 if you are under age 50
$7,000 if you are 50 or older
It’s good to remember this limit is per person, not per retirement account. You can have more than one IRA (for example a Traditional and Roth IRA). However, your total contributions for both cannot exceed the limit mentioned above. Also don’t forget you need to have earned income in order to contribute to an IRA.
Learn about your options and potential benefits from an independent agent/representative.
Call 303-919-1020 for a complimentary consultation or email your questions to This email address is being protected from spambots. You need JavaScript enabled to view it..
Pat Frederiksen
Investment Adviser Representative
Independent Insurance Agent
Investment Adviser Representative of and investment advisory services offered through Royal Fund Management, LLC, a SEC Registered Investment Adviser.

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17 Mar 2020 10:25 #2 by ramage
Replied by ramage on topic Tax Day 2020 is Approaching!
President Trump, through the Secretary of the Treasury, announced that IRS payments can be postponed for 90 days. This was just announced at the update briefing.

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