The IRS recently extended the 2020 IRA contribution deadline. Instead of April 15th, you can now make a 2020 contribution to an IRA up until May 17th, 2021. With so many Americans receiving a stimulus check or tax refund (or both!) now might be a great time to invest excess cash in an IRA.
In this episode we'll break down some of the key differences between Traditional and Roth IRAs and give you four key questions to ask that will help you determine which type of IRA is right for you.