Make your 2009 IRA contributions by April 15, 2010
January 20, 2010
Do you have an Alliant IRA? Take full advantage of its benefits by depositing your maximum contribution limit (up to $5,000) for 20091 by April 15, 2010. (If applicable, you can deposit an additional $5,000 to a spousal IRA. Plus, those age 50 and above with earned compensation can make additional "catch up" contributions of $1,000 per year.)
Simply obtain an IRA Contribution Form on the IRA page at http://www.alliantcreditunion.org, complete and mail with your deposit or account transfer selection.
***NEW***
Beginning January 1, 2010, you can make contributions to your IRA via Alliant Online Banking.
Thinking ahead? You can begin making tax-year 2010 contributions this January either in a lump sum or on a regular basis through the year.
1 Total annual IRA and/or Spousal IRA deposits cannot exceed contributor's annual compensation. However, a spouse with little or no compensation, filing a joint tax return, can deposit up to the annual maximum contribution. Traditional IRA holders must be under age 70 ½ for the entire tax year with earned compensation in order to make contributions. With a Roth IRA, contributions may be made after age 70 ½ if compensation is earned. Certain annual income limits apply to contribution eligibility.
Consult your financial advisor about potential tax savings.
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