Monthly Archives: December 2011

Can you max out your IRA contribution at the start of 2012?

Posted on December 23, 2011 by Steve

If you can do it, do it early—the sooner you make your contribution, the more interest those assets will earn. (If you haven’t yet made your 2011 IRA contribution, you can still do so through April 17, 2012.) The IRS … Continue reading →

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Should you go Roth between now and the end of 2012?

Posted on December 22, 2011 by Steve

While you can no longer divide the income from a Roth IRA conversion across two years of federal tax returns, converting a traditional IRA into a Roth before 2013 may make sense for another reason: federal taxes might be higher … Continue reading →

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Think about putting more in your 401(k) or 403(b)

Posted on December 21, 2011 by Steve

In 2011, you can contribute up to $16,500 per year to these accounts, with a $5,500 catch-up contribution also allowed if you are age 50 or older. Has your 2011 contribution reached the annual limit? There’s still time to put … Continue reading →

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