IRA Tips for 2016

IRA Tips for 2016

Know what you’re eligible for, take advantage of workarounds and recharacterization, and–above all–don’t wait until the last minute, says retirement expert Ed Slott.

This video is part of Morningstar’s Tax Relief Week 2016. For more information on our Tax Relief coverage, visit: .

IRA Deduction Tips: Make sure to work with small investments as well as large. Though working with larger sums of money can return great dividends, smaller investments will also build your portfolio and profits. These small risks can pay great dividends over the long term. These can easily supplement those times when your large investments are in play.

Written by Bobby

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