Message Font: Serif | Sans-Serif
No. of Recommendations: 0
The deadline for contributing to a Roth IRA for tax year 1999 is approaching. I don't have the $2K now to fully contribute to the 1999 Roth, but I will before the year is over. I will also have the extra $2K for my tax year 2000 contribution. My question is: Can I open a Roth IRA for tax year 1999 before the April 17 deadline, but contribute the $2K at a later date (like two months down the line)? I'd like the benefit of starting off with a $4K initial contribution (1999 + 2000) but am unsure of the deadlines of contributing compared to opening the Roth.
Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.