what was the first year for IRA conributuions?

0 ⤊

2007-06-21 21:00:18 · 2 answers · asked by blueskys 2 in Business & Finance ➔ Taxes ➔ Other - Taxes

And just to add on to the previous answer, the "Roth" IRA was created in 1997 and the first contributions were allowed in 1998.

2007-06-22 06:35:56 · answer #1 · answered by synchronicity 1 · 0⤊ 0⤋

IRAs were created by the ERISA of 1974. The first accounts would have been opened in 1975.

2007-06-22 09:36:04 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋