Coming Up: Tax Season Deadlines
#WiseUp
5 min. read

Coming Up: Tax Season Deadlines

1/25/2019

The Finhabits app makes investing in your future an easy habit. Put your money where it will grow over time while you save - it's all automated, and in just 10 minutes, you can open an IRA or a regular investment account. It’s that simple and you can start right here.

 

The year of 2018 is gone for most, but at the IRS, it isn't over. And it won't end, in fact, until Monday, April 15, when your taxes are due.

 

Something to keep in mind is that, from January 1 until Tax Day, the IRS allows you to contribute to a Traditional IRA (Individual Retirement Account), which may result in tax benefits for your 2018 income tax return, and a chance to grow money for your retirement.*

 

If you already have an IRA that you've already contributed to, make sure to max out your 2018 contributions ($5,500 if you're younger than 50, $6,000 if you're 50 or older). You can also start contributing to 2019 if you want.

 

But maybe you're like a lot of people, and you haven't contributed to the maximum yet. You've still got time - four months, in fact - to make it a success. If you start saving now, you can make up for lost time and contribute to 2018 before you move ahead to 2019. 

 

Finhabits makes it easy to open or roll over an IRA. And don’t worry if you don’t have much experience with this type of account. Our app is designed to guide you through the process.

 

To open an IRA or personal investment account, visit app.finhabits.com  or download the app from the App Store or Google Play.

 

* Finhabits does not provide tax advice. Please contact your tax professional for any questions regarding your taxes.

 

 

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This material is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The information and opinions contained in this post are derived from proprietary and nonproprietary sources deemed by Finhabits to be reliable, are not necessarily all-inclusive and are not guaranteed as to accuracy. As such, no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors and omissions (including responsibility to any person by reason of negligence) is accepted by Finhabits, its officers, employees or agents. This post may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections and forecasts. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this post is at the sole discretion of the reader.

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