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Can new IRA account be opened and funded today for 2016?

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  • Can new IRA account be opened and funded today for 2016?

    Did I wait too long? Spouse doesn't have an IRA, but want to put her $5500 in. Transfer may not be complete by deadline.

  • #2




    Did I wait too long? Spouse doesn’t have an IRA, but want to put her $5500 in. Transfer may not be complete by deadline.
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    Take your checkbook to a bank, E Jones or wherever you can get a f2f, put the money in and then roll to another custodian of your choice later. You certainly should try.
    Working to protect good doctors from bad advisors. Fox & Co CPAs, Fox & Co Wealth Mgmt. 270-247-6087

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    • #3
      I made my individual 401k deposit (existing account) today by dropping off a check in person at Etrade.  Even though the funds aren't available yet it is still technically posted in time for the 2016 tax year.  Hopefully like Johanna said you can get to a bank quick with a check, good luck.

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