When can I make contributions to a Roth IRA?

You can make contributions to a Roth IRA for a year at any time during the year or by the due date of your return for that year (not including extensions). You can make contributions for 2023 by the due date (not including extensions) for filing your 2023 tax return. This means that most people can make contributions for 2023 by April 15, 2024.

When do IRA contributions start & end in 2023?

So taxpayers can make all of their IRA contributions for a given year starting on Jan. 1 and ending on Tax Day for that year’s taxes, which will give you a four-month overlap to take advantage of either year’s contribution limits for your IRA. For 2023, taxpayers began making contributions toward that tax year’s limit as of Jan. 1, 2023.

When can I make a 2024 IRA contribution?

You can make an IRA contribution for a given year anytime between January 1 and the tax-filing deadline of the following year. You can make a 2023 IRA contribution until April 15, 2024, which may allow for additional earnings. If you want to get a head start with your 2024 IRA contribution, you can make it as early as January 1, 2024.