Biondo News & Updates

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Important Tax Filing and IRA Contribution dates:

IRS Notice 2020-18 Relief for Taxpayers extended the 2019 federal income tax filing, payment, and IRA contribution deadline from April 15 to July 15, 2020.


2019 and 2020 IRA Contribution Information*

*Some restrictions and limitations may apply; we recommend you review your particular situation with your tax preparer

Starting in 2020, as long as you are still working, there is no age limit to be able to contribute to a Traditional IRA. The Secure Act, signed into law on December 20, 2019, removed the age limit in which an individual can contribute to an IRA. The top age prior to the law was 70½.


If you have any questions, please feel free to reach out to us at team@thebiondogroup.com or call at (570) 296-5525.