IRA Contribution Deadline is April 15

2025 IRA contributions are due by April 15, 2026 and may NOT be extended. You can contribute $7,000 (those 50 and older can contribute $8,000).

Don’t forget the IRA contribution limit is a combined annual limit for all regular and Roth IRAs. In addition, your contribution may not exceed your earned income (W2 or self-employment income) for the year.

Even if you make a regular IRA contribution, there may be NO tax deduction if you or your spouse are eligible to belong to an employer plan (even if you don’t contribute to the employer plan) and your income exceeds a certain limit.