You Can Still Save on Taxes for 2018

It's not too late to save money on taxes for 2018 — and to save for your future.

You have until April 15, 2019, to contribute up to $5,500 to an IRA for 2018. Depending on your income, you may be able to make taxdeductible contributions to a traditional IRA or you could forego the current tax break and save in a Roth IRA. You can withdraw Roth IRA contributions anytime without taxes or penalties, and you can withdraw the earnings tax-free after age 59½ (if you've had a Roth IRA open for at least five years). See www.irs.gov.

Get extra money with the Saver's Credit. If you contributed to a 457 plan, IRA, or other retirement-savings plan for 2018, you may qualify for the saver's tax credit, which can be worth up to $1,000 per person. See www.icmarc.org/saverscredit.

If you had an eligible high-deductible health insurance policy in 2018, you have until April 15, 2019, to make tax-deductible contributions to a health savings account. You can withdraw money from the account tax-free in any year for medical expenses.

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