dmertz
Level 15

Retirement tax questions

The timing of the contributions is irrelevant, provided they are made by the due date of the tax return.  With family coverage over age 55 and 9 months of eligibility, one had until April 15, 2024 to make up to $6,562,50 of total contributions.  With only $4,000 contributed, no matter when it was contributed prior to the due date of the tax return, there is no excess contribution.