Can I still put money away for retirement in 2018 (for example, in January, February or March) and have it count as retirement in 2017 (including having it counted as a pre tax contribution)?
Thank you
You can contribute as an employer to your 401k for 2017 in 2018, up to the extended due date of filing your income tax return. If by “pre-tax contribution”, you are talking about the employee contribution, the deadline is 12/31.
If you have a SEP, you have until until the due date of your extended income tax return to contribute up to $54k.
IRA contributions for the prior year are due by 4/15 (actually 4/17/18 for 2017).
Click to expand...
I just started another post regarding this same question. I guess I should do my research first.
So, to summarize:
1. for solo-401k, the employer (S corporation) has until 4/17/2018 to fund this account. The corporation does not need to fund by 12/31/2017
2. for backdoor roth IRA, again, it can by funded prior to 4/17/2018.
correct?
So, to summarize: 1. for solo-401k, the employer (S corporation) has until 4/17/2018 to fund this account. The corporation does not need to fund by 12/31/2017 2. for backdoor roth IRA, again, it can by funded prior to 4/17/2018. correct?
Click to expand...
Comment