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Your IRA contribution and taxes

March 24, 2026

Have you contributed to your IRA for this tax year?

Even if you are close to filing your returns, talk with a financial professional about adding your contribution.

As a personal retirement savings plan, your individual retirement account (IRA) offers specific tax benefits. Deductible contributions to a traditional IRA can reduce your taxable income. If you haven't already contributed up to the maximum amount allowed, consider doing so.

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