From Nasdaq, Inc.: 2025-01-03 05:00:00

Individual retirement accounts (IRAs) offer tax-advantaged growth and control over investments. Contribution limits for 2024 and 2025 are $7,000 for adults under 50 and $8,000 for adults 50 and older. The deadline for 2024 IRA contributions is April 15, 2025. Consider a prior-year contribution to maximize your benefits. A traditional IRA can reduce tax liability, while a Roth IRA offers tax-free withdrawals in retirement. Don’t delay contributions, especially if you file taxes early. Prioritize retirement savings to secure a comfortable future.

Discover “Social Security secrets” to boost retirement income. Little-known strategies could increase your benefits by up to $22,924 per year. Maximize your Social Security benefits for a confident retirement. Learn how to enhance your retirement savings and secure a stable financial future.



Read more at Nasdaq, Inc.: Forgot to Make a 2024 IRA Contribution? You Still Have Time.