2007-02-04 03:14:54 · 5 answers · asked by jd investor 1 in Business & Finance ➔ Personal Finance
No, your 401K needs to be funded by withholding money from your paychecks. That ended with the last check you received for 2006. Money withheld now is for 2007.
The April 15th funding is for IRA accounts not employer plans.
2007-02-04 03:38:34 · answer #1 · answered by waggy_33 6 · 1⤊ 0⤋
I believe you have until 4/15/07 to make contributions to retirement accounts for 2006 tax year.
2007-02-04 11:19:11 · answer #2 · answered by Stephanie73 6 · 0⤊ 1⤋
No. You have until April 15th to file your taxes for 2006. Anything that you do with a date in 2007 goes for 2007. Hmmm silly how that makes sense!
2007-02-05 01:49:40 · answer #3 · answered by Susan C 3 · 0⤊ 0⤋
401ks are funded with PRE-TAX money, meaning from your paycheck. So, no.
You CAN fund 2006 IRAs, if you're eligible, until 4/15/07.
2007-02-05 22:05:04 · answer #4 · answered by ckm1956 7 · 0⤊ 0⤋
yes you can until 4/15check on website for the irsgov.com
2007-02-04 11:23:52 · answer #5 · answered by oldmanarnie 4 · 0⤊ 1⤋