The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: Roth IRA for '00 by April '01? Date:  1/21/2001  2:51 PM
Author:  tweston81 Number:  27364 of 88502

I'm starting a Roth IRA through The I can put in the full $2k right now. Someone told me that I can open one before April 15 and have it count for the year 2000. Is that the case? How would I technically go about doing this and have my IRA count for 2000 and not 2001, seeing as how we're actually in 2001 now?

Yes, you can invest $2,000 up to April 16th (since the 15th is a Sunday) and have it count for your year 2000 contribution. Most online brokers have forms that you can download and print for deposits. In the case of an IRA you simply check the box or tell them in someway which year the contribution is for. Its usually quite simple.

Good luck to all.

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us