Posts Tagged ‘contribution’

2019 IRA Contribution Deadline Has Been Extended

By Tom Taylor | May 28, 2020

Due to the coronavirus tax filing extension, there’s still time to make a regular IRA contribution for 2019. You have until your tax return due date (not including extensions) to contribute up to $6,000 for 2019 ($7,000 if you were age 50 or older on December 31, 2019). For most taxpayers, the contribution deadline for…

HSA Deposit Limits for 2018-2019

By Tom Taylor | May 22, 2018

The 2018 family maximum Health Savings Account contribution limit is $6,900. It has been widely reported, erroneously, that the limit remains at $6,850. The 2018 single maximum HSA deposit limit is $3,450. One financial planning strategy everyone can use is to allow your HSA balance to carryover from year to year and be invested in…