Make retirement plan contributions early

With retirement plan contributions, it's the early bird who maximizes tax-deferred earnings.

Make your contributions as early in the year as you can. For 2015, you can contribute up to $5,500 to an IRA ($6,500 if you're 50 or older). The limit for 401(k) contributions increases in 2015 to $18,000 ($24,000 if you're 50 or older), and the limit for SIMPLE contributions is $12,500 ($15,500 if you're 50 or older).

Please give us a call to discuss this or any of our other topics with you, so we can address your specific requirements.

DiSabatino CPA
Michael DiSabatino
651 Via Alondra Suite 715
Camarillo, CA 93012
Phone: 805-389-7300
ww.sharpcpa.com

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