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bb93
Level 1

additional contributions for prior year retirement plans

does a Fidelity Brokage account qualify for the additional retirement contribution credit or does it have to be an IRA account?

 

posted
‎March 25, 2022 3:27 AM
last updated ‎March 09, 2026 12:08 AM
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AmyC
Expert Alumni
Expert Alumni

additional contributions for prior year retirement plans

Retirement plans only. In order to contribute money for the prior year, it must be an IRA/ retirement account which includes the SEP and SIMPLE for business owners. For complete rules, see IRS Retirement-plans.

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‎March 25, 2022 10:21 AM
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