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Author: YodaCo Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76398  
Subject: Re: Another IRA timing question Date: 10/2/2000 8:37 PM
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I opened my 1999 IRA on April 12th, as I realized the tax bite the sale of a (non-owner occupied) house was going to be. You can cut it close, but you need to ensure your financial institution is in tune with your needs (In retrospect I think I should have opened it in the fall of 1999, even if only with a couple hundred bucks......it would have saved a bit of "sweating it out" between about April 5th and April 12th....).
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