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4 Tips to Max Out Your IRA Before the Tax Deadline


You're allowed to contribute up to $6,000 to an IRA in 2022 or $7,000 if you're 50 or older. That could go a long way toward helping you prepare for retirement, especially if it's invested for a few decades. But you're not likely to find a spare $6,000 hiding in your couch cushions. 

If you want to max out your IRA this year, you'll need a plan. You have until April 2023 to make your 2022 contributions, but if you're motivated, you can try these tips to max out your IRA a lot sooner -- and one goal could be to do so before you have to file your 2021 tax returns in April 2022.

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Source Fool.com


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