Important Tax Filing and IRA Contribution dates
The 2023 federal income tax filing, payment and IRA contribution deadline is Monday, April 15, 2024.
2023 AND 2024 IRA CONTRIBUTION INFORMATION*
| 2023 | 2024 | Age 50+ | |
|---|---|---|---|
| Traditional or Roth IRA | $6,500 | $7,000 | Additional $1,000 |
| Simple IRA | $15,500 | $16,000 | Additional $3,500 |
| SEP IRA | Lesser of 25% of compensation or $66,000 | Lesser of 25% of compensation or $69,000 |
*Some restrictions and limitations may apply; we recommend you review your particular situation with your tax preparer.
If you have any questions, please feel free to reach out to us at team@thebiondogroup.com or call at (570) 296-5525.
