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[[Hi!]]

Hi there...

[[ I just opened a new Roth IRA account and have not put any money into it yet.]]

Huh? I don't know how you can open the account without "funding" the account (or...as you say..."put any money into it"). That is very unusual...at least in my experience. But let's move on.

[[ My understanding is that I can wait w/ my first contribution for the 1998 year until April 15, 1999.
1) Is this right?]]

That's correct. You can make a 1998 contribution to your Roth IRA as late as 4-15-99 (assuming that you otherwise qualify for a Roth IRA account...remember there ARE some restrictions). But you can also make your 1998 contribution as early as today.

[[ 2) When can i make my first contribution ( and contributions for the following years) for the 1999
year? Can I do this on Jan 2 or do i have to wait until April 16?]]

You can make your 1999 Roth IRA contrbituion as early as 1-1-99 or as late as 4-15-2000. You pick.

Hope this helps...
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