Get more bang for IRA bucks — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
  • LinkedIn
  • YouTube
  • Twitter
  • Facebook
  • Google+

Get more bang for IRA bucks

Get PDF file

by on
in Small Business Tax

Many people contribute to their IRAs at the taxreturn deadline. But why wait? You can earn a lot more tax-deferred income by making contributions sooner. Example: Say you contribute $4,000 to your IRA one year earlier than usual. Assuming you earn 8 percent each year, after 25 years you will have accumulated $315,818 instead of $288,424.

Related Articles...

Leave a Comment

Previous post:

Next post: