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Should You Make a Retirement Contribution Now or Save It for 2023?


Making a retirement contribution on Dec. 31, 2022 vs. Jan. 1, 2023 probably doesn't seem like a big deal to you, but it makes an enormous difference to the government. And since no one wants to give the IRS a reason to knock at their door, it's important to understand the implications of your decision.

Below, we'll take a look at the reasons to make a contribution now versus waiting until the new year to help you decide what's best for you.

Image source: Getty Images.

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Source Fool.com


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