Thursday, March 28, 2013

2012 IRA Cheat Sheet - Don't Let Confusion Keep You From Contributing!

A recent survey found that almost half of Americans have little or no confidence that they'll be financially prepared for retirement. Many individuals in this situation plan on working longer, but that option could be cut short by bad health, disability, or loss of a job.

If you haven't started saving for retirement - or haven't saved enough - now's the time to start, and an individual savings account (IRA) is a great investment vehicle to use.

The deadline for making a 2012 IRA contribution is April 15, 2013, so you need to hurry if you want to contribute for last year. Confused about which IRA to select? Here's an excellent cheat sheet that will help you determine which IRA is best for your financial situation.

Created by Tax Code 2013
Donation Filing Max 13
The study sited was conducted by the Employee Benefit Research Institute. The 2012 IRA Contribution Cheat Sheet was used with permission from Greene IRA Success.

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