Home > Tag Archives: deadline for investments

Tag Archives: deadline for investments

The Last Day To Fund an IRA or Health Savings Account for 2014

find your IRA or HSA before April 15th

Next Wednesday is April 15th. All of us in the U.S know that’s tax day, but it’s also another very important date to remember. April 15th is the last day to fund an IRA or Health Savings Account for 2014. I was on the fence whether to put money into a Roth IRA or into my solo 401k, but we have the rest of the year to work on the 401k and only a few days left to add to our 2014 holdings, so that’s what I did. Sometimes It’s OK To Invest By Emotion I have no idea what the tax rates might be when I retire. I do know taxes are high right now because we are considered high earners. In theory, I should have put money into the 401k to defer income taxes, but I didn’t. I’ve always been drawn to Roth IRA’s because no matter how much they earn in interest over the years, you never have to pay another cent in taxes on any of this money. Yes, I know there are ways to roll money into Roth’s at a later date. Yes, I understand the math behind tax deferred accounts, but emotion made me ...

Read More »