2007-02-07 09:06:23 · 6 answers · asked by happy retired lady 1 in Business & Finance ➔ Taxes ➔ Other - Taxes
You have until April 17th, but just make sure that you designate your contribution as 2006 and not 2007.
2007-02-07 09:19:06 · answer #1 · answered by Lip Service 2 · 5⤊ 1⤋
Your don't "purchase" an IRA, you invest in one.
If you are not covered by an employer sponsored retirement plan you can always open an IRA. You have until April 17, 2007 to open one and make contributions for the 2006 tax year.
If you are covered by an employer sponsored retirement plan, even if you don't participate, there may be restrictions on the deductiblity of your contributions based on your income.
2007-02-07 19:39:50 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 1⤋
you have until 4/17/2007 to make your 2006 contribution
2007-02-07 18:44:28 · answer #3 · answered by Dizney 5 · 0⤊ 1⤋
you have up until the filing date of your tax return, INCLUDING EXTENSIONS, to contribute to an IRA. if you file by 4/17 then youd have to set up and IRA a/c by then. if you go on extension you can have up til 10/15/07 to contribute.
2007-02-08 05:36:53 · answer #4 · answered by tma 6 · 0⤊ 0⤋
YOU CAN GET AN IRA AT ANYTIME BEFORE FILING YOUR TAXES FOR 2006.
2007-02-08 02:34:59 · answer #5 · answered by dottygoatbeagle 3 · 0⤊ 0⤋
No, it is not too late. You have until April 17, 2007 to make your contribution.
2007-02-07 17:09:12 · answer #6 · answered by jseah114 6 · 2⤊ 1⤋