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re: Roth IRA Question

Posted on 4/1/14 at 3:20 pm to
Posted by AintBigButItsPretty
Member since Mar 2011
942 posts
Posted on 4/1/14 at 3:20 pm to
So contribute to the back year even if your taxes are done for 2013? Does this effect anything?
Posted by roguetiger15
Member since Jan 2013
16211 posts
Posted on 4/1/14 at 3:21 pm to
Don't do the target date fund
Posted by Teddy Ruxpin
Member since Oct 2006
39640 posts
Posted on 4/1/14 at 3:27 pm to
quote:

So contribute to the back year even if your taxes are done for 2013? Does this effect anything?



Yes, contribute to the back year even if your taxes are done.

ROTH contributions are from money that has already been taxed, so it wouldn't affect your taxes since you've already paid them on that money.
This post was edited on 4/1/14 at 3:28 pm
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